• Some of our clients:
Expressed in United States Dollars, unless otherwise stated.

CONSOLIDATED STATEMENTS Year Year Year Year Year
OF COMPREHENSIVE INCOME 2012 2013 2014 (Restated) 2015 2016
Revenues 239,373,814 213,478,173 112,993,998 86,139,764 83,049,100
Cost of Revenues (231,262,443) (205,702,613) (110,070,691) (82,520,909) (74,150,547)
Gross Profit 8,111,371 7,775,560 2,923,307 3,618,855 8,898,553
Operating Expenses (7,367,493) (7,321,709) (6,233,876) (6,603,187) (7,034,732)
Income (Loss) from Operations 743,878 453,851 (3,310,569) (2,984,332) 1,863,821
Other Income (Expenses) 846,086 1,525,235 1,177,936 2,435,640 (116,243)
Income (Loss) Before Tax 1,589,964 1,979,086 (2,132,633) (548,692) 1,747,578
Tax Income (Expense) - Net (609,158) (552,894) (675,598) 657,309 (543,313)
Net Income (Loss) 980,806 1,426,192 (2,808,231) 108,617 1,204,265
Net Comprehensive Income (Loss) 980,806 1,426,192 (2,873,457) 489,318 1,106,462
Net Income (Loss) Attributable to :
Owner of the Parent Company 980,806 1,426,192 (2,808,231) 108,617 1,204,695
Non-Controlling Interest - - - - (430)
Total 980,806 1,426,192 (2,808,231) 108,617 1,204,265
Net Comprehensive Income (Loss) to :
Owner of the Parent Company 980,806 1,426,192 (2,873,457) 489,318 1,106,892
Non-Controlling Interest - - - - (430)
Total 980,806 1,426,192 (2,873,457) 489,318 1,106,462
Net Income (Loss) per 1,000 Basic Share 0.55 0.85 (1.98) 0.08 0.85
CONSOLIDATED STATEMENT OF 2012 2013 2014 (Restated) 2015 2016
FINANCIAL POSITION USD USD USD USD USD
Current Assets 49,453,506 41,175,134 33,464,214 30,035,085 32,635,509
Non Current Assets 42,782,109 37,455,875 31,928,717 33,480,448 33,384,644
Total Assets 92,235,615 78,631,009 65,392,931 63,515,533 66,020,153
Current Liabilities 36,081,628 24,310,324 12,806,413 11,385,834 12,657,515
Non Current Liabilities 2,477,250 2,832,395 4,008,839 3,062,702 3,067,952
Total Liabilities 38,558,878 27,142,719 16,815,252 14,448,536 15,725,467
Equity 53,676,737 51,488,290 48,577,679 49,066,997 50,294,686
FINANCIAL RATIO
Gross Profit Margin (%) 3.39 3.64 2.59 4.20 10.71
Current Ratio (X) 1.37 1.69 2.61 2.64 2.58
Debt to Assets Ratio (%) 42 35 25 23 24
Debt to Equity Ratio (%) 72 53 35 29 31
Return on Assets (%) 1.06 1.81 4.39 0.77 1.68
Return on Equity (%) 1.83 2.77 5.92 1.00 2.2