Utdrag ur Form 10-Q for SINO AGRO FOOD

29.	EARNINGS PER SHARE

Basic earnings per share is computed by dividing net income attributable to common shareholders by the weighted average number of common shares outstanding during the period. Diluted earnings per share reflects the potential dilution of securities by including other potential common stock, including convertible preferred stock, stock options and warrants, in the weighted average number of common shares outstanding for the period, if dilutive. The numerators and denominators used in the computations of basic and dilutive earnings per share are presented in the following table:

		Three months  ended			Three months  ended
		June 30, 2013			June 30, 2012
BASIC
Numerator for basic earnings per share attributable to the Company’s common         stockholders:
Net income used in computing basic earnings per share		$	14,330,940		$	10,290,022
Basic earnings per share		$	0.12		$	0.14
Basic weighted average shares outstanding			115,366,595			73,836,392

		Three months  ended  June 30, 2013			Three months  ended  June 30, 2012
DILUTED
Numerator for basic earnings per share attributable to the Company’s common         stockholders:
Net income used in computing basic earnings per share		$	14,330,940		$	10,290,022
Basic earnings per share		$	0.12		$	0.13
Basic weighted average shares outstanding			115,366,595			73,836,392
Add: weight average Series B Convertible preferred shares outstanding			7,000,000			7,000,000
Diluted weighted average shares outstanding			122,366,595			80,836,392

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29.	EARNINGS PER SHARE (CONTINUED)

		Six months  ended			Six months  ended
		June 30, 2013			June 30, 2012
BASIC
Numerator for basic earnings per share attributable to the Company’s common        stockholders:
Net income used in computing basic earnings per share		$	30,709,712		$	15,961,484
Basic earnings per share		$	0.28		$	0.22
Basic weighted average shares outstanding			110,403,819			71,312,129

		Six months  ended  June 30, 2013			Six months  ended  June 30, 2012
DILUTED
Numerator for basic earnings per share attributable to the Company’s common        stockholders:
Net income used in computing basic earnings per share		$	30,709,712		$	15,961,484
Basic earnings per share		$	0.26		$	0.20
Basic weighted average shares outstanding			110,403,819			71,312,129
Add: weight average Series B Convertible preferred shares outstanding			8,607,734			7,000,000
Diluted weighted average shares outstanding			119,011,553			78,312,129