Asia Cork, Inc.(fka AKRK)

[ALERTS100%to10000%GAIN]

ARKR~~Cost of Sales and Gross Profit


For the three months ended March 31, 2011, cost of sales amounted to $6,292,939 or 64.62% of net revenues as compared to cost of sales of 2,877,486 or 79.17% of net revenues for the three months ended March 31, 2010.

Gross profit for the three months ended March 31, 2011 was $3,444,942 or 35.38% of revenues, as compared to $757,155 or 20.83% of revenues for the three months ended March 31, 2010.


The gross margin increased primarily as a result of increase in unit sales price for our products from this current quarter. Moreover, there is a low margin sale of secondary raw materials to Sichuan Hanxin during the three months ended March 31, 2010.


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