Dyna Group International, Inc. (Pink Sheets:DGIX.PK) announced today sales for the 9 months ended September 30, 2006, decreased $759,736 or 6% as compared to the 9 months ended September 30, 2005, and net profits decreased $253,130 or 39% as compared to the 9 months ended September 30, 2005. This decline is attributed to the NASCAR and buckle markets. General and Administrative costs were significantly higher 3rd quarter 2006 compared to 2005 due primarily to the costs associated with implementing new business with a large national retailer whose sales and reorders will continue into 2007. 9 months ended September 30 � 2006� 2005� Revenues 11,313,316� 12,073,052� Operating Income (loss) 364,846� 792,379� Income Tax (expense) (204,287) (334,675) Net Income (loss) 396,558� 649,688� Earnings per share .06� .09� For the entire Financial statements as of September 30, 2006, visit our website, http://www.gap1.com/about_us/financial/financials.html. Dyna Group International, Inc. is a Nevada corporation and conducts all of its business through its wholly owned subsidiary, Great American Products. Some of the statements in this news release may be forward-looking statements that may involve certain risks and uncertainties. Investors and others are cautioned that the forward-looking statements are based on estimates, projections, beliefs, and assumptions of management and are not guarantees of future performance. Dyna Group International, Inc. (Pink Sheets:DGIX.PK) announced today sales for the 9 months ended September 30, 2006, decreased $759,736 or 6% as compared to the 9 months ended September 30, 2005, and net profits decreased $253,130 or 39% as compared to the 9 months ended September 30, 2005. This decline is attributed to the NASCAR and buckle markets. General and Administrative costs were significantly higher 3rd quarter 2006 compared to 2005 due primarily to the costs associated with implementing new business with a large national retailer whose sales and reorders will continue into 2007. -0- *T 9 months ended September 30 ------------------------ ------------------------------ 2006 2005 ------------------------ -------------- --------------- Revenues 11,313,316 12,073,052 ------------------------ -------------- --------------- Operating Income (loss) 364,846 792,379 ------------------------ -------------- --------------- Income Tax (expense) (204,287) (334,675) ------------------------ -------------- --------------- Net Income (loss) 396,558 649,688 ------------------------ -------------- --------------- Earnings per share .06 .09 ------------------------ -------------- --------------- *T For the entire Financial statements as of September 30, 2006, visit our website, http://www.gap1.com/about_us/financial/financials.html. Dyna Group International, Inc. is a Nevada corporation and conducts all of its business through its wholly owned subsidiary, Great American Products. Some of the statements in this news release may be forward-looking statements that may involve certain risks and uncertainties. Investors and others are cautioned that the forward-looking statements are based on estimates, projections, beliefs, and assumptions of management and are not guarantees of future performance.
Dyna (CE) (USOTC:DGIX)
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Dyna (CE) (USOTC:DGIX)
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