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Segment Reporting
3 Months Ended
Oct. 31, 2011
Segment Reporting  
Segment Reporting Disclosure [Text Block]

NOTE 9 - SEGMENT INFORMATION

 

The following information is presented in accordance with ASC Topic 280, “Segment Reporting”,  for the six months ended October 31, 2011 and 2010, we operated in two reportable business segments - (1) snatural sweetener (stevioside) and (2) traditional Chinese medicines, organic herbal medicine, neutraceutical products, and veterinary medicines prepared from organic herbal ingredients. Our reportable segments are strategic business units that offer different products and are managed separately based on the fundamental differences in their operations.

 

Condensed financial information with respect to these reportable business segments for the three months ended October 31, 2011 and 2010 is as follows:

 

Chinese  Medicines

Stevioside

Corporate and Other

Consolidated

(Unaudited)

2011

2010

2011

2010

2011

2010

2011

2010

Net revenues

 $852,110

 $521,097

 $2,715,060

 $1,779,964

 -  

 -  

 $3,567,170

 $2,301,061

Interest income

4,133

12

8,539

8,422

 3,592

 -  

16,264

8,434

Depreciation and amortization

19,375

18,357

355,873

366,832

 -  

 -  

375,248

385,189

Loss from continuing operations before taxes and noncontrolling interest

(170,331)

(48,314)

(571,031)

(387,800)

(19,032)

(31,967)

(760,394)

(468,081)

Segment assets

 $9,647,926

 $4,568,775

 $22,443,029

 $32,188,362

 $471,582

 $598,554

 $32,562,537

 $-  

 $37,355,691

 

Condensed financial information with respect to these reportable business segments for the six months ended October 31, 2011 and 2010 is as follows:

 

Chinese  Medicines

Stevioside

Corporate and Other

Consolidated

(Unaudited)

2011

2010

2011

2010

2011

2010

2011

2010

Net revenues

 $1,609,425

 $1,015,535

 $4,806,191

 $3,616,081

 -  

 -  

 $6,415,616

 $4,631,616

Interest income

6,139

2,238

18,981

15,959

 7,373

 -  

32,493

18,197

Depreciation and amortization

38,762

36,053

714,391

737,244

 -  

 -  

753,153

773,297

Loss from continuing operations before taxes and noncontrolling interest

(385,926)

(191,918)

(945,383)

(435,302)

(449,404)

(178,173)

(1,780,713)

(805,393)

Segment assets

 $9,647,926

 $4,568,775

 $22,443,029

 $32,188,362

 $471,582

 $598,554

 $32,562,537

 $-  

 $37,355,691