Segment Information

9 Months Ended

Sep. 30, 2011

Notes to Financial Statements

Segment Information

14.  SEGMENT INFORMATION

The Company operates in four segments: organic trace mineral additives, functional regulation additives, herbal medicinal additives and other revenues. Management oversees each of these operations separately.

Property, equipment and other assets are shared and not tracked separately by segment. Administrative expenses are also not tracked by segment. Following is a breakdown of revenue, costs of sales and gross profit by segment. 

	Three Months Ended					Nine Months Ended
	September 30,					September 30,
	2011		2010			2011		2010
Revenue
Organic Trace Mineral Additives		4,903,065		4,312,353			13,704,308		10,242,093
Functional Regulation Additives		1,257,219		949,268			2,915,994		2,145,939
Herbal Medicinal Additives		81,962		110,529			166,230		322,147
Other		5,587		328,764			392,614		596,842
		6,247,833		5,700,914			17,179,146		13,307,021
Costs of sales
Organic Trace Mineral Additives		3,134,802		2,563,794			8,534,522		6,221,420
Functional Regulation Additives		799,849		623,263			1,824,921		1,317,928
Herbal Medicinal Additives		65,349		113,464			141,023		263,092
Other		4,212		296,048			236,613		542,248
		4,004,212		3,596,569			10,737,079		8,344,688
Gross profits
Organic Trace Mineral Additives		1,768,263		1,748,559			5,169,786		4,020,673
Functional Regulation Additives		457,370		326,005			1,091,073		828,011
Herbal Medicinal Additives		16,613		(2,935	)		25,207		59,055
Other		1,375		32,716			156,001		54,594
		2,243,621		2,104,345			6,442,067		4,962,333