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SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 10-Q (A)
(X) QUARTERLY REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES
EXCHANGE ACT OF 1934
For the Quarterly Period Ended September 30, 1995
( ) TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
Commission File Number: 33-3272-W
LOTUS PACIFIC, INC.
(Exact name of registrant as specified in its charter)
Delaware 23-2361275
(State of organization) (I.R.S. Employer Identification Number)
35 Route 22 East, Greenbrook, New Jersey 08812
(Address of principal executive offices)
(908) 752-5899
(Registrant's telephone number, including area code)
Indicate by check mark whether the Registrant (1) has filed all reports
required to be filed by Section 13or 15(d) of the Securities Exchange Act
of 1934 during the proceeding 12 months (or for such shorter period that
the Registrant was required to file such reports), and (2) has been subject
to such filing requirements for the past 90 days.
(1) Yes __X__ No _____
(2) Yes __X__ No _____
As of September 30, 1995, the Registrant had outstanding 26,937,054 shares
of Common Stock, par value $.001 per share and 4,300 shares of Series A
Preferred Stock.
LOTUS PACIFIC, INC.
Appendix A to item 601 (c) of Regulation S-K Article 5 of Regulation S-K
EXHIBIT 27
5-02 (1) CASH AND CASH ITEMS 237657
5-02 (2) MARKETABLE SECURITIES 0
5-02 (3)(a)(1) NOTES AND ACCOUNTS RECEIVABLE-TRADE 62628
5-02 (4) ALLOWANCES FOR DOUBTFUL ACCOUNTS 0
5-02 (6) INVENTORY 408964
5-02 (9) TOTAL CURRENT ASSETS 858486
5-02 (13) PROPERTY, PLANT AND EQUIPMENT 415857
5-02 (14) ACCUMULATED DEPRECIATION (78140)
5-02 (18) TOTAL ASSETS 1217253
5-02 (21) TOTAL CURRENT LIABILITIES 798944
5-02 (22) BONDS, MORTGAGES AND SIMILAR DEBT 0
5-02 (28) PREFERRED STOCK-MANDATORY REDEMPTION 0
5-02 (29) PREFERRED STOCK-NO MANDATORY REDEMPTION 4
5-02 (30) COMMON STOCK 26937
5-02 (31) OTHER STOCKHOLDERS' EQUITY 329952
5-02 (32) TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 1217253
5-03(b)1(a) NET SALES OF TANGIBLE PRODUCTS 641176
5-03(b)1 TOTAL REVENUES 258809
5-03(b)2(a) COST OF TANGIBLE GOODS SOLD (382367)
5-03(b)2 TOTAL COSTS & EXPENSES APPLICABLE TO SALES & REVENUES (503290)
5-03(b)3 OTHER COSTS AND EXPENSES (7443)
5-03(b)5 PROVISION FOR DOUBTFUL ACCOUNTS AND EXPENSES 0
5-03(b)(8) INTEREST AND AMORTIZATION OF DEBT DISCOUNT (120187)
5-03(b)(10) INCOME BEFORE TAXES AND OTHER ITEMS 5325
5-03(b)(11) INCOME TAX EXPENSES 0
5-03(b)(14) INCOME/LOSS CONTINUING OPERATIONS 5325
5-03(b)(15) DISCONTINUED OPERATIONS 0
5-03(b)(17) EXTRAORDINARY OPERATIONS 0
5-03(b)(18) CUMULATIVE EFFECT-CHANGES IN ACCOUNTING PRINCIPLES 0
5-03(b)(19) NET INCOME OR LOSS 5325
5-03(b)(20) EARNINGS PER SHARE - PRIMARY 0
5-03(b)(20) EARNINGS PER SHARE - FULLY DILUTED 0
