Tianli Agritech, Inc.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 33,351 26,529 28,638 21,279
Cost of Revenue 30,330 23,074 18,034 12,097
Gross Profit 3,021 3,455 10,604 9,182
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 3,800 3,421 2,552 1,195
Non-Recurring Items - - - -
Other - - - -
Operating Income (779) 34 8,052 7,987
Income From Continuing Operations
Add'l Income/Expense Items (1,567) 175 24 203
Earnings Before Interest and Tax (2,346) 209 8,076 8,190
Interest Expense 339 461 181 31
Earnings Before Tax (2,684) (252) 7,895 8,159
Income Tax - - - -
Minority Interest (641) - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (2,684) (252) 7,895 8,159
Non Recurring Events
Discontinued Operations - 39 201 -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (2,044) (213) 8,096 8,159
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (2,044) (213) 8,096 8,159