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(Loss) Earnings Per Share
 3 Months Ended
Dec. 31, 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 December 31,  
      2013     2014  
  Net (loss) profit from continuing operations $ (6,137,852 ) $ 17,388,593  
  Income from discontinued operations   855,810     -  
  Net (loss) profit $ (5,282,042 ) $ 17,388,593  
  Weighted average shares used in basic and diluted computation (note)   12,704,597     12,719,597  
               
  (Loss) earnings per share – Basic and diluted            
  From continuing operations $ (0.49 ) $ 1.37  
  From discontinued operations   0.07     -  
    $ (0.42 ) $ 1.37  

Note: Including 85,000 and 100,000 vested restricted shares not yet issued to Mr. Xiangqian Li as of December 31, 2013 and 2014, respectively.

For the three months ended December 31, 2013, the outstanding 24,600 stock options and 15,000 restricted shares were anti-dilutive and excluded from diluted loss per share.

For the three months ended December 31, 2014, the outstanding 4,200 stock options were anti-dilutive and excluded from diluted earnings per share.