Fuling Global Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company reported revenues of $30,546,699, income from operations of $1,936,912, income before income taxes of $1,859,157, net income attributable to the company of $1,497,181 or $0.10 per basic and diluted share, compared to revenues of $24,594,372, income from operations of $3,719,742, income before income taxes of $5,453,228, net income attributable to the company of $4,672,764 or $0.30 per basic and diluted share a year ago. Revenues increased by 24.2%, as a result of the combined effect of increases both sales volume and blended ASP. The decreases in net income and earnings per share were primarily due to lower gross profit and subsidy income received from local government as well as higher operating expenses this year. For the year to date, the company reported, revenues of $56,884,747, income from operations of $3,422,701, income before income taxes of 3,586,280, net income attributable to the company of $2,897,362 or $0.18 per basic and diluted share, compared to revenues of $45,172,191, income from operations of $4,810,117, income before income taxes of $6,486,842, net income attributable to the company of $5,422,463 or $0.34 per basic and diluted share, for the same period a year ago. Net cash provided by operating activities of $1,465,865 compared to net cash used in operating activities of $3,744,320 a year ago. Purchase of property and equipment was $544,086 against $399,389 a year ago. Additions to construction in progress were $4,145,718. The decrease in earnings per share was mainly due to decrease in net income as a result of lower gross profit and subsidy income in 2017.