XML 14 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Revenue        
Manufacturing $ 3,352 $ 3,973 $ 6,989 $ 8,738
Testing services 4,393 4,936 8,830 9,541
Distribution 1,916 1,606 3,860 3,142
Others 29 37 56 76
Total 9,690 10,552 19,735 21,497
Cost of Sales        
Cost of manufactured products sold 2,646 3,068 5,503 6,717
Cost of testing services rendered 3,106 3,251 6,489 6,390
Cost of distribution 1,662 1,409 3,348 2,777
Others 18 29 36 58
Total 7,432 7,757 15,376 15,942
Gross Margin 2,258 2,795 4,359 5,555
Operating Expenses        
General and administrative 1,722 1,727 3,481 3,566
Selling 187 252 334 431
Research and development 122 118 194 302
Loss on disposal of property, plant and equipment 0 0 0 11
Total operating expenses 2,031 2,097 4,009 4,310
Income from Operations 227 698 350 1,245
Other Income / (Expenses)        
Interest expenses (98) (52) (176) (110)
Other income, net 49 42 92 200
Total other (expenses) / income (49) (10) (84) 90
Income from Continuing Operations before Income Taxes 178 688 266 1,335
Income Tax Benefits / (Expenses) 124 (13) 50 (55)
Income from continuing operations before non-controlling interest, net of tax 302 675 316 1,280
Discontinued Operations        
Income / (Loss) from discontinued operations, net of tax 4 (2) (4) (5)
NET INCOME 306 673 312 1,275
Less: net (loss) / income attributable to the non-controlling interest (42) 0 (101) 27
Net Income Attributable to Trio-Tech International Common Shareholder 348 673 413 1,248
Amounts Attributable to Trio-Tech International Common Shareholders:        
Income from continuing operations, net of tax 346 678 415 1,254
Income / (Loss) from discontinued operations, net of tax 2 (5) (2) (6)
Net Income Attributable to Trio-Tech International Common Shareholders $ 348 $ 673 $ 413 $ 1,248
Basic Earnings per Share:        
Basic earnings per share from continuing operations attributable to Trio-Tech International $ 0.09 $ 0.19 $ 0.11 $ 0.35
Basic earnings per share from discontinued operations attributable to Trio-Tech International .00 .00 .00 .00
Basic Earnings per Share from Net Income Attributable to Trio-Tech International 0.09 0.19 0.11 0.35
Diluted Earnings per Share:        
Diluted earnings per share from continuing operations attributable to Trio-Tech International 0.09 0.18 0.11 0.34
Diluted earnings per share from discontinued operations attributable to Trio-Tech International .00 .00 .00 .00
Diluted Earnings per Share from Net Income Attributable to Trio-Tech International $ 0.09 $ 0.18 $ 0.11 $ 0.34
Weighted average number of common shares outstanding basic 3,673 3,548 3,673 3,548
Dilutive effect of stock options 108 245 142 222
Number of shares used to compute earnings per share diluted 3,781 3,793 3,815 3,770