XML 52 R4.htm IDEA: XBRL DOCUMENT v3.20.1
Unaudited Condensed Consolidated Statements of Operation and Comprehensive Income - USD ($)
6 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]    
Revenues $ 3,215,147 $ 3,917,707
Revenues generated from third parties 2,946,344 3,812,564
Revenue generated from related parties 268,803 105,143
Cost of revenue (1,375,762) (1,239,023)
Gross profit 1,839,385 2,678,684
Operating expenses    
Selling expenses (774,253) (838,217)
General and administrative expenses (1,285,885) (513,532)
Total operating expenses (2,060,138) (1,351,749)
(Loss) / Income from operations (220,753) 1,326,935
Other expenses, net    
Interest (expense) / income, net (2,170,561) 1,501
Other income / (loss), net 38,079 (984)
Total other (expenses) / income, net (2,132,482) 517
(Loss) / Income before income taxes (2,353,235) 1,327,452
Income tax expense 5,166 (332,406)
Net (Loss) / Income (2,348,069) 995,046
Other comprehensive income    
Foreign currency translation adjustment (807,315) 321,074
Comprehensive (Loss) / Income $ (3,155,384) $ 1,316,120
Weighted average number of common shares    
Basic 22,725,512 20,000,000
Diluted 22,725,512 20,000,000
Earnings per share    
Basic $ (0.10) $ 0.05
Diluted $ (0.10) $ 0.05