Financial Statement

UNIT : USD
DESCRIPTION FY 2022 FY 2021
CURRENT ASSETS 8,830,261 8,514,209
QUICK ASSETS 8,221,076 7,627,021
INVENTORIES 608,555 887,188
FIXED ASSETS 28,649,975 30,446,282
INVESTMENTS 51,182 51,182
TANGIBLE ASSETS 28,558,737 30,355,045
OTHER FIXED ASSETS 40,055 40,055
TOTAL ASSETS 37,480,235 38,960,491
CURRENT LIABILITIES 4,754,961 5,248,541
FIXED LIABILITIES 10,330,819 12,531,430
TOTAL LIABILITIES 15,085,780 17,779,971
CAPITAL STOCK 2,344,832 1,993,777
CAPITAL SURPLUS 31,408,109 31,408,109
CAPITAL ADJUSTMENT (70,545) (73)
RETAINED EARNINGS (11,287,940) (12,221,293)
TOTAL STOCKHOLDER`S EQUITY 22,394,455 21,180,520
TOTAL LIABILITIES & STOCKHOLDER'S EQUITY 37,480,235 38,960,491
UNIT : USD
DESCRIPTION FY 2022 FY 2021
SALES 36,492,610 28,080,353
COST OF SALES 33,182,439 24,143,269
GROSS PROFIT 3,310,171 3,937,084
SELLING AND GENERAL ADMINISTRATIVE EXPENSES 1,081,199 956,531
OPERATING INCOME 2,228,972 2,980,553
NON-OPERATING INCOME 550,405 4,256,516
NON-OPERATING EXPENSES 1,846,023 3,527,593
INCOME BEFORE INCOME TAXES 933,353 3,709,476
INCOME TAXES
NET INCOME 933,353 3,709,476