XML 22 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)
3 Months Ended 6 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Revenues $ 8,022,598 $ 9,066,226 $ 16,615,305 $ 17,265,570
Cost of revenues (7,452,475) (8,175,823) (15,206,693) (15,570,501)
Gross profit 570,123 890,403 1,408,612 1,695,069
General and administrative expense (1,444,702) (1,108,445) (2,826,615) (2,135,644)
Selling expense (108,224) (114,045) (212,806) (168,390)
Costs and Expenses (1,552,926) (1,222,490) (3,039,421) (2,304,034)
Operating Loss (982,803) (332,087) (1,630,809) (608,965)
Financial income, net 144,860 33,758 100,857 119,899
Non-operating revenue 7,094 6,633 16,366 9,916
Non-operating costs   (215)   (215)
Other income 3,379 46,332 24,139 75,358
Loss from equity investment (915) (17,019) (188,999) (31,930)
Nonoperating Income (Expense), Total 154,418 69,489 (47,637) 173,028
Net loss before provision for income taxes (828,385) (262,598) (1,678,446) (435,937)
Income taxes benefit (expense) 1,000 (1,000) 24,121 (29,188)
Net loss (827,385) (263,598) (1,654,325) (465,125)
Net loss attributed to non-controlling interest (432,384) (150,451) (593,537) (208,697)
Net loss attributable to Sino-Global Shipping America Ltd. (395,001) (113,147) (1,060,788) (256,428)
Net loss (827,385) (263,598) (1,654,325) (465,125)
Other comprehensive income        
Foreign currency translation adjustments (37,638) (2,405) (3,989) (16,200)
Comprehensive loss (865,023) (266,003) (1,658,314) (481,325)
Comprehensive loss attributable to non-controlling interest (441,398) (151,651) (609,332) (209,053)
Comprehensive loss attributable to Sino-Global Shipping America Ltd. $ (423,625) $ (114,352) $ (1,048,982) $ (272,272)
Earnings (loss) per share        
-Basic and diluted $ (0.14) $ (0.04) $ (0.37) $ (0.09)
Weighted average number of common shares used in computation        
-Basic and diluted 2,903,841 2,903,841 2,903,841 2,903,841