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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2018
Mar. 31, 2017
Revenue        
Manufacturing $ 3,124 $ 4,230 $ 11,862 $ 11,221
Testing services 4,913 3,977 14,454 12,204
Distribution 2,033 1,581 5,175 4,360
Others 34 37 110 115
Total 10,104 9,825 31,601 27,900
Cost of Sales        
Cost of manufactured products sold 2,530 3,345 9,246 8,762
Cost of testing services rendered 3,491 2,597 9,881 8,069
Cost of distribution 1,821 1,407 4,598 3,899
Others 30 29 89 71
Total 7,872 7,378 23,814 20,801
Gross Margin 2,232 2,447 7,787 7,099
Operating Expenses        
General and administrative 1,773 1,659 5,339 5,178
Selling 181 222 612 587
Research and development 75 51 377 156
(Gain)/ Loss on disposal of property, plant and equipment (31) 30 (20) 38
Total operating expenses 1,998 1,962 6,308 5,959
Income from Operations 234 485 1,479 1,140
Other (Expenses) / Income        
Interest expense (64) (43) (174) (149)
Other income, net 111 45 311 358
Total other income 47 2 137 209
Income from Continuing Operations before Income Taxes 281 487 1,616 1,349
Income Tax Expenses (980) (106) (1,035) (256)
Income from continuing operations before non-controlling interest, net of tax (699) 381 581 1,093
Discontinued Operations (Note 19)        
Loss from discontinued operations, net of tax (6) (1) (11) (4)
NET (LOSS)/INCOME (705) 380 570 1,089
Less: net income attributable to non-controlling interest 34 30 61 126
Net (Loss) / Income Attributable to Trio-Tech International Common Shareholders (739) 350 509 963
Amounts Attributable to Trio-Tech International Common Shareholders:        
(Loss) / Income from continuing operations, net of tax (736) 351 520 970
Loss from discontinued operations, net of tax (3) (1) (11) (7)
Net (Loss) / Income Attributable to Trio-Tech International Common Shareholders $ (739) $ 350 $ 509 $ 963
Basic Earnings per Share:        
Basic earnings per share from continuing operations attributable to Trio-Tech International $ (0.21) $ 0.10 $ 0.15 $ 0.28
Basic earnings per share from discontinued operations attributable to Trio-Tech International 0.00 0.00 0.00 0.00
Basic Earnings per Share from Net Income Attributable to Trio-Tech International (0.21) 0.10 0.15 0.28
Diluted Earnings per Share:        
Diluted earnings per share from continuing operations attributable to Trio-Tech International (0.20) 0.10 0.14 0.27
Diluted earnings per share from discontinued operations attributable to Trio-Tech International 0.00 0.00 0.00 0.00
Diluted Earnings per Share from Net Income Attributable to Trio-Tech International $ (0.20) $ 0.10 $ 0.14 $ 0.27
Weighted average number of common shares outstanding Basic 3,553 3,523 3,553 3,523
Dilutive effect of stock options 219 116 225 54
Number of shares used to compute earnings per share diluted 3,772 3,639 3,778 3,577