China Green Energy Industries, Inc.
Period Ending Dec 31, 2011 Dec 31, 2010
Total Revenue 24,905 28,589
Cost of Revenue 21,075 20,398
Gross Profit 3,831 8,191
Operating Expenses
Research and Development - -
Sales, General and Admin. 5,334 2,681
Non-Recurring Items - -
Other - -
Operating Income (1,503) 5,510
Income From Continuing Operations
Add'l Income/Expense Items (42) 529
Earnings Before Interest and Tax (1,545) 6,039
Interest Expense 765 472
Earnings Before Tax (2,311) 5,567
Income Tax - 1,431
Minority Interest - -
Equity Earnings Unconsolidated Subsidiary - -
Net Income Cont. Operations (2,311) 4,136
Non Recurring Events
Discontinued Operations - -
Extraordinary Items - -
Effect of Accounting Changes - -
Other Items - -
Net Income (2,311) 4,136
Preferred Stock and Other Adjustments - -
Net Income Applicable to Common Shareholders (2,311) 4,136