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CONSOLIDATED STATEMENTS OF OPERATIONS AND OTHER COMPREHENSIVE LOSS - USD ($)
3 Months Ended 9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
Revenue        
SALES $ 5,701,989 $ 6,563,944 $ 21,280,396 $ 23,504,605
COST OF SALES 1,281,397 1,630,389 4,508,965 5,115,060
GROSS PROFIT 4,420,592 4,933,555 16,771,431 18,389,545
OPERATING EXPENSES:        
Research and development expense 77,202 (35,743) 530,891 1,171,668
General and administrative expenses 1,371,005 1,195,094 5,571,935 2,650,579
Selling expenses 1,974,014 2,125,771 7,494,835 6,109,982
Depreciation and amortization 119,970 121,723 358,667 381,379
TOTAL OPERATING EXPENSES 3,542,191 3,406,845 13,956,328 10,313,608
INCOME FROM OPERATIONS 878,401 1,526,710 2,815,103 8,075,937
OTHER INCOME (EXPENSE):        
Interest expense, net of interest income (650,130) (600,572) (1,947,015) (2,509,508)
Gain on foreign currency transactions 67,060 (83,345) 67,060  
Equity in loss of joint venture, net 26 (24,286) (4,107) (63,051)
Subsidy income 1,847 (2,126) 19,141 202,901
TOTAL OTHER EXPENSE (581,197) (710,329) (1,864,921) (2,369,658)
INCOME BEFORE INCOME TAXES 297,204 816,381 950,182 5,706,279
Income tax expense 153,797 146,005 447,977 1,499,201
NET INCOME 143,407 670,376 502,205 4,207,078
Net income attributed to non-controlling interest in subsidiaries 11,270 47,656 67,440 247,785
INCOME ATTRIBUTABLE TO SHAREHOLDERS OF THE COMPANY 132,137 622,720 434,765 3,959,293
OTHER COMPREHENSIVE LOSS:        
Foreign currency translation adjustment 130,721 572,478 (578,869) (851,093)
COMPREHENSIVE INCOME (LOSS) 274,128 1,195,198 (76,664) 3,108,200
Other comprehensive loss attributable to non-controlling interest 6,536 28,624 (28,943) (42,555)
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO THE COMPANY $ 267,593 $ 1,166,576 $ (47,721) $ 3,150,755
EARNINGS PER SHARE: Basic   $ 0.01 $ 0.01 $ 0.05
EARNINGS PER SHARE: Diluted   $ 0.01 $ 0.01 $ 0.05
WEIGHTED AVERAGE SHARES OUTSTANDING: Basic 76,209,195 75,670,953 76,209,195 72,863,479
WEIGHTED AVERAGE SHARES OUTSTANDING: Diluted 76,209,195 75,749,890 76,209,195 72,942,416