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Shareholders’ Equity (Tables)

3 Months Ended

Mar. 31, 2023

Equity [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the computation of the basic and diluted earnings per share for the three months ended March 31, 2023 and 2022:

 Schedule of Earnings Per Share, Basic and Diluted

		2023				2022
		Three months ended
		March 31,
		2023				2022
Numerator for basic and diluted earnings per shares
Net Income		$	48,372			$	20,953
Denominator
Denominator for basic earnings per ordinary share - weighted average shares outstanding			47,674,773				47,674,773
Effect of dilutive securities and stock dividend			-				-
Denominator for diluted earnings per ordinary share - weighted average shares outstanding			47,674,773				47,674,773
Basic earnings per ordinary share		$	1.01			$	0.44
Diluted earnings per ordinary share		$	1.01			$	0.44

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- References

No definition available.

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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