LUCA, INC. Deyu Agriculture Corp. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company's net revenue was $77,167,714 compared to $62,739,469 a year ago.
Operating income was $3,722,712 compared to $6,402,655 a year ago. Income before income taxes was $3,555,921 compared to $6,497,995 a year ago. Net income was $3,215,488 compared to $6,296,701 a year ago.
Net income attributable to the company was $3,219,107 compared to $6,318,135 a year ago. Net income available to common stockholders was $3,103,052 compared to $6,208,060 a year ago. Net income attributable to common stockholders per diluted share was $0.25 compared to $0.50 a year ago.
Net cash provided by operating activities was $9,105,009 compared to $3,946,147 a year ago. Purchase of machinery and equipment was $4,414 compared to $24,524 a year ago.
