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For the six months ended 30 June 2011, China SkyriseDigital Service Inc revenues decreased 4% to $3.5M. Netincome decreased 55% to $327K. Revenues reflect a decreasein demand for the Company's products and services due tounfavorable market conditions. Net income also reflectsSelling and Marketing Expenses increase of 58% to $372K(expense), Government Grant decrease from $84K (income) to$0K.
Period Ending: | Jun 30, 2011 | Mar 31, 2011 | Dec 31, 2010 | Sep 30, 2010 |
---|---|---|---|---|
Total Revenue | 2.11 | 1.38 | 4.18 | 2.39 |
Gross Profit | 0.75 | 0.5 | 1.3 | 1.25 |
Operating Income | 0.2 | 0.15 | 0.28 | 0.85 |
Net Income | 0.19 | 0.14 | 0.36 | 0.75 |
Period Ending: | Jun 30, 2011 | Mar 31, 2011 | Dec 31, 2010 | Sep 30, 2010 |
---|---|---|---|---|
Total Assets | 10.17 | 9.42 | 9.57 | 8.87 |
Total Liabilities | 3.12 | 2.66 | 3.05 | 2.79 |
Total Equity | 7.04 | 6.76 | 6.52 | 6.08 |
Period Ending: | Jun 30, 2011 | Mar 31, 2011 | Dec 31, 2010 | Sep 30, 2010 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | -0.01 | -0.2 | -0.34 | -0.02 |
Cash From Investing Activities | -0.67 | -0.05 | -0.13 | -0.07 |
Cash From Financing Activities | 0.54 | -0.03 | 0.29 | -0.07 |
Net Change in Cash | 0.06 | -0.19 | 0.02 | -0.07 |
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