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(Loss) Earnings Per Share
 9 Months Ended
Jun. 30, 2014
(Loss) Earnings Per Share [Text Block]

15. (Loss) Earnings Per Share

The following is the calculation of (loss) earnings per share:

 

   Three months ended June 30,     Nine months ended June 30,  

 

   2013     2014     2013     2014  

Net (loss) profit

                        

   - From continuing operations

 $ (10,270,681 ) $ (9,829,430 ) $ (58,124,808 ) $ (26,368,149 )

   - From discontinued operations

   -     46,936,251     -     48,928,143  

 

   (10,270,681 )   37,106,821     (58,124,808 )   22,559,994  

Weighted average shares used in basic and diluted computation

   12,619,597     12,619,597     12,619,597     12,619,597  

 

                        

(Loss) earnings per share – Basic and diluted

                        

   - From continuing operations

   (0.81 )   (0.78 )   (4.61 )   (2.09 )

   - From discontinued operations

   -     3.72     -     3.88  

(Loss) earnings per share – Basic and diluted

 $ (0.81 ) $ 2.94   $ (4.61 ) $ 1.79  

For the three and nine months ended June 30, 2014, the outstanding 4,200 stock options and 100,000 restricted shares were anti-dilutive and excluded from diluted (loss) earnings per share.

For the three and nine months ended June 30, 2013, the outstanding 246,151 stock options and 100,000 restricted shares were anti-dilutive and excluded from diluted loss per share.