China Gengsheng Minerals, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2013. For the quarter, sales revenue was $19,620,215 against $20,435,922 a year ago. Loss from operations was $1,909,668 against income from operations of $798,967 a year ago. Loss before income taxes and non-controlling was $3,603,791 against $42,163 a year ago. Net loss attributable to company's common shareholders was $3,793,770 or $0.14 per basic and diluted share against $247,038 or $0.01 per basic and diluted share a year ago. The decrease was mainly attributable to the decreased sales of fracture proppant products.

For the six months, sales revenue was $33,330,878 against $36,619,751 a year ago. Loss from operations was $3,565,512 against income from operations of $1,469,122 a year ago. Loss before income taxes and non-controlling was $6,541,724 against income before income taxes and non-controlling of $8,223 a year ago. Net loss attributable to company's common shareholders was $6,706,602 or $0.25 per basic and diluted share against $326,972 or $0.01 per basic and diluted share a year ago. Net cash flows used in operating activities was $13,305,190 against $1,545,685 a year ago. Payments for acquisition of property, plant and equipment was $1,677,628 against $4,397,877 a year ago.