XML 80 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed interim consolidated statements of operations and comprehensive loss (USD $)
3 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Net revenues $ 63,732,361 $ 71,754,957
Cost of revenues (67,971,371) (57,723,757)
Gross profit / (loss) (4,239,010) 14,031,200
Operating expenses:    
Research and development expenses (1,567,032) (1,244,152)
Sales and marketing expenses (2,188,015) (1,957,670)
General and administrative expenses (7,089,173) (5,789,276)
Impairment charge on property, plant and equipment 0 (2,707,686)
Total operating expenses (10,844,220) (11,698,784)
Operating income/(loss) (15,083,230) 2,332,416
Finance costs, net (2,734,119) (2,882,729)
Loss arising from loan guarantees (7,360,706) 0
Government grant income 103,091 824,687
Other income/(expenses) (117,948) 19,882
Income/(loss) before income taxes (25,192,912) 294,256
Income tax expenses (32,006) (2,114,010)
Net loss (25,224,918) (1,819,754)
Other comprehensive income    
- Foreign currency translation adjustment 939,983 1,791,087
Comprehensive loss $ (24,284,935) $ (28,667)
Net loss per share:    
- Basic $ (2.00) $ (0.14)
- Diluted $ (2.00) $ (0.14)
Weighted average number of shares of common stock:    
- Basic 12,619,597 12,619,049
- Diluted 12,619,597 12,619,049