Qingdao Footwear, Inc.
Period Ending Dec 31, 2010
Total Revenue 21,272
Cost of Revenue 11,601
Gross Profit 9,671
Operating Expenses
Research and Development -
Sales, General and Admin. 3,594
Non-Recurring Items -
Other 149
Operating Income 5,928
Income From Continuing Operations
Add'l Income/Expense Items 105
Earnings Before Interest and Tax 6,033
Interest Expense 107
Earnings Before Tax 5,925
Income Tax 1,915
Minority Interest -
Equity Earnings Unconsolidated Subsidiary -
Net Income Cont. Operations 4,011
Non Recurring Events
Discontinued Operations -
Extraordinary Items -
Effect of Accounting Changes -
Other Items -
Net Income 4,011
Preferred Stock and Other Adjustments -
Net Income Applicable to Common Shareholders 4,011