XML 18 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Income Statement        
Revenues $ 112,983 $ 1,709,598 $ 360,951 $ 2,391,956
Cost of sales and services   758,906 170,802 1,104,683
Selling and distribution 21,907 89,984 49,666 202,601
General and administrative expense (inclusive of depreciation and allowances) 269,159 338,867 475,343 493,843
Operating (loss)/profit (178,083) 521,841 (334,860) 590,829
Other income/(expenses)        
Other income 14,220   14,220  
Interest expense (21,474) (24,294) (41,972) (43,885)
Total other expenses (7,254) (24,294) (27,752) (43,885)
Loss/(profit) from operations before provision for income taxes (185,337) 497,547 (362,612) 546,944
Net (loss)/income for the period (185,337) 497,547 (362,612) 546,944
Other comprehensive income        
(Loss)/gain on foreign currency translation (10,523) 20,694 (39,649) 14,606
Total comprehensive income/(loss) for the period $ (195,860) $ 518,241 $ (402,261) $ 561,550
Earnings per share, basic and diluted $ 0.00 $ 0.10 $ 0.00 $ 0.11
Weighted average number of shares outstanding, basic and diluted 155,350,052 5,000,052 155,350,052 5,000,052