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For the six months ended 30 June 2015, China Shengda Packaging Group Inc. revenues increased 12% to $77.6M. Net income decreased 88% to $61K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by General and administrative expenses increase of 19% to $7.2M (expense), Interest income decrease of 61% to $210K (income), Subsidy income decrease of 94% to $14K (income).
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Total Revenue | 39.7 | 37.93 | 35.78 | 47.27 |
Gross Profit | 5.33 | 5.01 | 4.29 | 6.96 |
Operating Income | -0.05 | -0.08 | 0.34 | 1.68 |
Net Income | 0.12 | -0.06 | 0.76 | 1.3 |
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Total Assets | 185.92 | 177.04 | 170.96 | 171.19 |
Total Liabilities | 71.76 | 63.59 | 57.92 | 59.05 |
Total Equity | 114.16 | 113.45 | 113.04 | 112.14 |
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | 3.83 | -0.84 | 23.96 | 18.44 |
Cash From Investing Activities | -4.19 | -2.08 | -13.22 | -8.4 |
Cash From Financing Activities | 0 | 0 | -6.36 | -3.92 |
Net Change in Cash | -0.26 | -2.88 | 4.34 | 6.06 |
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