Wonhe High-Tech International, Inc. announced earnings results for the second quarter and six months ended in June 30, 2012. The revenue for the three months ended June 30, 2012 was $5.6 million, the gross profit was $2.7 million and the net income was $1.2 million. The revenue and net income increased by 65% and 22% respectively for the second quarter of 2012 ended in June 30, compared with the revenue of $3.4 million and net income of $0.98 million in the first quarter of 2012 fiscal year ended in March 31, 2012.

For the six months ended June 30, 2012, the sales revenue was $9.0 million. The gross profit was $4.4 million with gross profit margin of 49% and the net income was $2.1 million with net profit margin of 23%.

Through the on-going implementation of marketing plans, the company expects the sales will keep growing. The sales revenue for the three months ended September 30, 2012 is projected to reach $6.7 million. The gross profit is projected to approximate $3.3 million, with gross profit margin of 49%, and the net income is forecasted to be approximately $2 million, with net income margin of 30%.