Arabian American Development Company (ARSD) Income Statement

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Petrochemical Product Sales	52.12M
Transloading Sales
Processing Fees	5.03M
Revenue	57.14M
Cost of Petrochemical Product Sales and Processing (including depreciation of $699,399, $568,090, $1,371,828, and $1,137,272, respectively)	48.24M
GROSS PROFIT	8.91M
General and Administrative
Depreciation	192K
General and Administrative Expenses	4.59M
OPERATING INCOME	4.13M
Interest Income
Interest Expense	-568K
Equity in loss - AMAK	-2.09M
Miscellaneous Income (Expense)	-72K
Other Income (Expense)	-2.73M
INCOME BEFORE INCOME TAXES	1.4M
INCOME TAXES	659K
NET INCOME	740K
NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTEREST	0
NET INCOME ATTRIBUTABLE TO ARABIAN AMERICAN DEVELOPMENT COMPANY	740K
Net Income attributable to Arabian American Development Company	0.03
Basic Weighted Average Number of Common Shares Outstanding (in share)	24.51M
Net Income attributable to Arabian American Development Company	0.03
Diluted Weighted Average Number of Common Shares Outstanding	25.21M

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