"Nutrastar Int. Announces Third Quarter
2014 results"
HARBIN, China, Nov. 13, 2014 /PRNewswire/ -- Nutrastar International Inc. (OTCQB: NUIN; "Nutrastar" or the "Company"), a leading producer and supplier of premium branded consumer products, including commercially cultivated Cordyceps Militaris ("Cordyceps"), functional health beverages and organic and specialty foods, today announced its results for the three months and nine months ended September 30, 2014.
Financial Highlights for the Three Months Ended September 30, 2014 ?
•Net revenue was $11.16 million, representing an increase of $0.22 million or 2.1% from $10.94 million in the comparable 2013 three month period.
•Gross profit was $8.99 million, representing a gross margin of 80.5%.
•Net income was $6.06 million, representing a net margin of 54.3%.
•Basic and diluted EPS were $0.36 and $0.34, respectively, with 16.88 million basic shares and 17.70 million diluted shares outstanding.
Financial Highlights for the Nine Months Ended September 30, 2014 ?
