GULF RESOURCES, INC.

GURE ·Basic Materials, Chemicals, China
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2009
Revenue $110.3M
Cost of Revenue $62.7M
Gross Profit $47.6M
Gross Margin 43.1%
Operating Expenses
Research & Development $500.4K
SG&A Expense $5.3M
Operating Income $41.7M
Operating Margin 37.8%
Interest Expense $17.1K
Pretax Income $41.8M
Income Tax Expense $11.2M
Net Income $30.6M
Net Margin 27.7%
EPS (Basic) $1.00
EPS (Diluted) $1.00
Shares Outstanding (Basic) 30.7M
Shares Outstanding (Diluted) 30.7M
Dividends Per Share
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