Dyna Group International (DGIX.PK) Releases 2nd Quarter 2007 Financials
08 8월 2007 - 6:13AM
Business Wire
Dyna Group International, Inc. (Pink Sheets:DGIX) announced today
sales for the 6 months ended June 30, 2007, increased $146,724 or
2% as compared to the 6 months ended June 30, 2006. This increase
in sales is attributed mainly to a 20% increase in licensed sports
as compared to the 6 months ended June 30, 2006. Of the licensed
sports sales, NFL had the largest increase of $405,799 or 30%, and
NASCAR had the largest decrease of $88,209 or 44%. Net profits
increased $120,552 or 48%. Gross profits were down slightly due the
rising cost of pewter which was an average of $4.62 per pound for
2007 compared to $3.89 in 2006, as well as an increase in NFL
royalties. Selling costs were significantly lower 2nd quarter 2007
due primarily to the reduction in trade shows costs. � � � � � 6
months ended June 30 � � � 2007 � � � � � 2006 � Revenues � �
7,097,368 � � � � � 6,950,664 � Operating Income (loss) � � 534,503
� � � � � 378,838 � Income Tax (expense) � � (164,052 ) � � � �
(128,939 ) Net Income (loss) � � 370,451 � � � � � 249,899 �
Earnings per share � � .05 � � � � � .03 � � � � � � � � � � � �
The above information is based on unaudited GAAP financial
statements. 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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