LPIH Financials 07/15/2014 20:24:12 Longwei Petro

LPIH Financials 07/15/2014 20:24:12
Longwei Petroleum Investment Holding Ltd.
Period Ending Jun 30, 2012 Jun 30, 2011 Jun 30, 2010
Total Revenue 510,593 481,553 343,249
Cost of Revenue 422,118 383,730 274,002
Gross Profit 88,475 97,823 69,247
Operating Expenses
Research and Development - - -
Sales, General and Admin. - - 4,836
Non-Recurring Items - - -
Other - - -
Operating Income 83,775 91,669 64,411
Income From Continuing Operations
Add'l Income/Expense Items 2,593 (5,427) 2,598
Earnings Before Interest and Tax 86,368 86,242 67,009
Interest Expense - - 52
Earnings Before Tax 86,368 86,242 66,957
Income Tax 21,253 23,524 16,709
Minority Interest - - -
Equity Earnings Unconsolidated Subsidiary - - -
Net Income Cont. Operations 65,115 62,718 50,248
Non Recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect of Accounting Changes - - -
Other Items - - -
Net Income 65,115 62,718 50,248
Preferred Stock and Other Adjustments (60) (201) (9,154)
Net Income Applicable to Common Shareholders 65,055 62,517 41,094