Ka Wang Holding, Inc. (fka KWGI)

[OldPro]

and of course the kicker...

Statement of Operations (Unaudited) for year ending December 31, 2006

Net Sales $82,000,000 100%
Cost of Sales $32,000,000 39%
Gross Margin $50,000,000 61%
Selling, General and admin. Expenses $20,500,000 25%
Operating Income $29,500,000 36%
Interest and other income, net $ 2,460,000 3%
Net Income before income taxes $31,960,000 39%
Provision for income taxes $ 5,760,000 7%
NET INCOME $26,200,000 32%