v2.4.0.6
CONSOLIDATED STATEMENTS OF INCOME AND OTHER COMPREHENSIVE INCOME (UNAUDITED) (USD $)
 3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Revenue $ 45,006,010 $ 45,127,684 $ 94,875,113 $ 79,803,830
Cost of revenue 31,855,819 31,978,784 66,205,680 56,697,985
Gross profit 13,150,191 13,148,900 28,669,433 23,105,845
Operating expenses        
Selling 4,201,546 2,912,415 8,215,753 5,529,852
General and administrative 1,416,013 1,034,061 2,767,499 2,274,687
Total operating expenses 5,617,559 3,946,476 10,983,252 7,804,539
Income from operations 7,532,632 9,202,424 17,686,181 15,301,306
Non-operating income (expenses)        
Interest income 131,869 46,165 443,309 108,700
Exchange loss (6,733) (150,732) (42,895) (266,855)
Other expenses, net (22,282) (43,469) (26,783) (81,767)
Subsidy income   7,960 236,230 1,007,192
Total non-operating income (expenses), net 102,854 (140,076) 609,861 767,270
Income before income tax 7,635,486 9,062,348 18,296,042 16,068,576
Income tax expense 1,909,413 1,715,817 4,743,881 2,928,099
Net income 5,726,073 7,346,531 13,552,161 13,140,477
Other comprehensive item        
Foreign currency translation gain (loss) (957,678) 2,005,459 (743,806) 3,481,869
Comprehensive Income $ 4,768,395 $ 9,351,990 $ 12,808,355 $ 16,622,346
Basic weighted average shares outstanding (in Shares) 33,592,562 33,592,562 33,592,562 33,592,562
Diluted weighted average shares outstanding (in Shares) 33,592,562 33,592,562 33,592,562 33,592,562
Basic earnings per share (in Dollars per share) $ 0.17 $ 0.22 $ 0.40 $ 0.39
Diluted earnings per share (in Dollars per share) $ 0.17 $ 0.22 $ 0.40 $ 0.39