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 Dow Up0.55% Nasdaq Up0.29%

China Information Technology, Inc. (CNIT)

-NasdaqGS
5.23 0.83(18.86%) Apr 15, 4:00PM EDT
|After Hours : 5.18 Down 0.05 (0.96%) Apr 15, 6:49PM EDT
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Income StatementGet Income Statement for:
View: Annual Data | Quarterly DataAll numbers in thousands
Period EndingDec 31, 2011Dec 31, 2010Dec 31, 2009
Total Revenue 114,536   163,846   100,996  
Cost of Revenue70,216  93,282  50,344  
Gross Profit 44,320   70,563   50,652  
Operating Expenses
Research Development4,484  3,017  2,706  
Selling General and Administrative30,309  24,983  15,790  
Non Recurring -   -   -  
Others -   -   -  
Total Operating Expenses -   -   -  
Operating Income or Loss 9,527   42,563   32,156  
Income from Continuing Operations
Total Other Income/Expenses Net2,796  2,313  2,257  
Earnings Before Interest And Taxes12,323  44,876  34,414  
Interest Expense2,948  1,539  389  
Income Before Tax9,374  43,337  34,025  
Income Tax Expense804  7,863  3,887  
Minority Interest(661)(1,072)(43)
Net Income From Continuing Ops7,909  34,402  30,095  
Non-recurring Events
Discontinued Operations -   -   -  
Extraordinary Items -   -   -  
Effect Of Accounting Changes -   -   -  
Other Items -   -   -  
Net Income 7,909   34,402   30,095  
Preferred Stock And Other Adjustments -   -   -  
Net Income Applicable To Common Shares 7,909   34,402   30,095  

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