Cullen Agricultural Holding Corp. reported unaudited consolidated pro forma earnings results for the year ended December 31, 2011. For the year, the company reported profit from operations of $437,951, income before income taxes of $274,551 and net income of $271,194 or $0.01 basic and diluted per share.

Cullen Agricultural Holding Corp. reported unaudited consolidated earnings results for the year ended December 31, 2011. For the year, the company reported loss from operations of $462,731, income before income taxes of $257,147 and net income of $253,790 or $0.01 basic and diluted per share against loss from operations of $1,592,262, loss before income taxes of $4,133,237 and net loss of $4,134,527 or $0.21 basic and diluted per share for the same period a year ago. On pro-forma basis, the company reported loss from operations of $437,951, income before income taxes of $274,551, net income of $271,197 or $0.01 basic and diluted per share. The company reported net cash used in operating activities of $3,422 and purchases of property and equipment of $280,080 against net cash used in operating activities of $871,037 and purchases of property and equipment of $841,849 for the same period a year ago.