CHGS Financials 07/16/2014 09:23:43 China GengShe

CHGS Financials 07/16/2014 09:23:43
China GengSheng Minerals, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 60,881 73,535 76,936 62,189
Cost of Revenue 52,815 60,886 60,727 44,499
Gross Profit 8,067 12,649 16,209 17,690
Operating Expenses
Research and Development - - 699 817
Sales, General and Admin. 13,155 17,872 16,502 14,106
Non-Recurring Items 6,947 2,018 2,086 437
Other - - - -
Operating Income (12,036) (7,241) (3,078) 2,330
Income From Continuing Operations
Add'l Income/Expense Items 1,929 1,499 1,128 232
Earnings Before Interest and Tax (10,207) (5,802) (1,950) 2,562
Interest Expense 7,744 7,301 5,279 1,768
Earnings Before Tax (17,951) (13,103) (7,228) 794
Income Tax 291 492 325 522
Minority Interest (61) (55) (48) 8
Equity Earnings Unconsolidated Subsidiary (101) (59) - -
Net Income Cont. Operations (18,282) (13,599) (7,505) 264
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (18,181) (13,539) (7,505) 264
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (18,181) (13,539) (7,505) 264