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Note 5 - Acquisition of A Subsidiary: Operating Results of Xin Chang (Tables)
6 Months Ended
Nov. 30, 2014
Tables/Schedules  
Operating Results of Xin Chang

 

The results of Xin Chang for the six months ended November 30, 2014 are as follows:

 

 

Revenue

 $904,809

Other income

 2,870

Cost of services

 (835,168)

Personnel cost

 (47,373)

Depreciation expense

 (9,397)

Amortization expense

 (10,888)

Administrative and other expenses

 (64,706)

Net income for the period

 (59,853)