China United Insurance Service, Inc. reported unaudited consolidated earnings results for the fourth quarter and audited earnings results for the year ended December 31, 2014. For the quarter, revenues increased 3.4% to $16.46 million, from $15.92 million in the same period last year. The increase, in part, reflected higher sales of insurance products in Taiwan through the company's strategic alliance with AIA International Limited Taiwan Branch, as well as increased sales of China Trust Life Insurance products. Net income was $0.31 million versus $0.28 million for the same quarter last year. The net loss attributable to CUIS' shareholders for the quarter was $33,000, or $0.001 per basic and diluted share, compared with a net loss of $135,000, or $0.005 per basic and diluted share, in the same period of 2013. Income from operations was $606,503 compared to $1,173,064 a year ago. Income before income taxes was $808,831 compared to $480,886 a year ago.

For the year, revenues rose to $47.45 million from $45.16 million a year ago. Income before income taxes was $1.63 million, compared with $4.10 million in 2013. Net loss was $0.04 million, compared with net income of $3.17 million last year. Net loss attributable to CUIS' shareholders for the 2014 fiscal year was $0.91 million, or $0.031 per basic and diluted share, versus net income of $1.54 million, or $0.053 per basic and diluted share, in 2013. Income from operations was $1,035,572 compared to $4,333,709 a year ago.