China Gerui Advanced Materials Group Ltd.
Period Ending Dec 31, 2013 Dec 31, 2012 Dec 31, 2011 Dec 31, 2010
Total Revenue 165,829 265,486 341,778 253,866
Cost of Revenue 161,766 208,541 240,200 177,870
Gross Profit 4,063 56,945 101,579 75,997
Operating Expenses
Research and Development - - - -
Sales, General and Admin. 12,994 14,615 18,042 9,047
Non-Recurring Items - - - -
Other - - - -
Operating Income (8,930) 42,331 83,537 66,950
Income From Continuing Operations
Add'l Income/Expense Items 5,552 3,928 2,515 1,357
Earnings Before Interest and Tax (3,378) 46,259 86,052 68,307
Interest Expense 10,618 8,228 6,470 5,287
Earnings Before Tax (13,996) 38,030 79,582 63,021
Income Tax 142 11,897 21,962 15,937
Minority Interest - - - -
Equity Earnings Unconsolidated Subsidiary - - - -
Net Income Cont. Operations (14,137) 26,133 57,621 47,083
Non Recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect of Accounting Changes - - - -
Other Items - - - -
Net Income (14,137) 26,133 57,621 47,083
Preferred Stock and Other Adjustments - - - -
Net Income Applicable to Common Shareholders (14,137) 26,133 57,621 47,083