SEGMENT REPORTING (Tables)

3 Months Ended

Sep. 30, 2013

Schedule of Segment Reporting Information, by Segment [Table Text Block]

The following tables present summary information by segment for the three months ended September 30, 2013 and 2012, respectively:

	Three Months Ended September 30, 2013
	Shipping Agency Service		Logistic Service		Consolidated
Revenues	$	1,430,661	$	1,887,000	$	3,317,661
Cost of revenues	$	1,112,803	$	1,275,000	$	2,387,803
Gross profit	$	317,858	$	612,000	$	929,858
Depreciation and amortization	$	27,342	$	233	$	27,575
Total capital expenditures	$	3,399	$	-	$	3,399
Total assets	$	6,024,154	$	1,102,185	$	7,126,340

	Three Months Ended September 30, 2012
	Shipping Agency Service		Logistic Service		Consolidated
Revenues	$	7,882,068	$	-	$	7,882,068
Cost of revenues	$	7,118,163	$	-	$	7,118,163
Gross profit	$	763,905	$	-	$	763,905
Depreciation and amortization	$	39,672	$	-	$	39,672
Total capital expenditures	$	144,248	$	-	$	144,248
Total assets	$	9,043,329	$	-	$	9,043,329

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details