CDNN Financials 07/16/2014 17:52:02 China Industr

CDNN Financials 07/16/2014 17:52:02
China Industrial Steel Inc.
Period Ending Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 649,319 823,107 573,667
Cost of Revenue 634,463 761,646 535,854
Gross Profit 14,856 61,461 37,812
Operating Expenses
Research and Development - - -
Sales, General and Admin. 3,373 2,500 2,532
Non-Recurring Items - - -
Other - - -
Operating Income 11,483 58,961 35,280
Income From Continuing Operations
Add'l Income/Expense Items 398 185 19
Earnings Before Interest and Tax 11,882 59,145 35,299
Interest Expense 4,561 5,911 5,073
Earnings Before Tax 7,321 53,234 30,226
Income Tax 1,386 7,432 4,455
Minority Interest - - -
Equity Earnings Unconsolidated Subsidiary - - -
Net Income Cont. Operations 5,935 45,801 25,770
Non Recurring Events
Discontinued Operations - - -
Extraordinary Items - - -
Effect of Accounting Changes - - -
Other Items - - -
Net Income 5,935 45,801 25,770
Preferred Stock and Other Adjustments - - -
Net Income Applicable to Common Shareholders 5,935 45,801 25,770