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Consolidated Statements of Operations - USD ($)
12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Net sales $ 126,102,533 $ 142,102,324
Costs and expenses:    
Cost of products sold 102,517,335 139,491,989
Selling, general and administrative 7,835,184 5,124,572
Impairment loss for long-lived assets 4,338,419
Interest expense 24,619 4,806
Costs and expenses, total 110,377,138 148,959,786
EARNINGS (LOSS) FROM OPERATIONS 15,725,395 (6,857,462)
Other income (loss) (503,422) 19,260
EARNINGS (LOSS) BEFORE INCOME TAXES 15,221,973 (6,838,202)
Provision for (benefit from) income taxes:    
Current 2,459,009 (404,892)
Deferred 1,338,489 (1,184,100)
Income tax 3,797,498 (1,588,992)
NET EARNINGS (LOSS) $ 11,424,475 $ (5,249,210)
Weighted average number of common shares outstanding:    
Basic (in shares) 7,027,707 7,000,403
Diluted (in shares) 7,027,707 7,000,403
Net earnings (loss) per share:    
Basic (in dollars per share) $ 1.63 $ (0.75)
Diluted (in dollars per share) $ 1.63 $ (0.75)