XML 34 R21.htm IDEA: XBRL DOCUMENT

15. Earnings (Loss) Per Share

12 Months Ended

Dec. 31, 2018

Note 15

EARNINGS (LOSS) PER SHARE

The following table sets forth the computation of basic and diluted earnings (loss) per common share for the years ended December 31, 2018 and 2017.

	For the years ended December 31,
	2018		2017
	$		$
Numerator:
Net income (loss) attributable to the Company		1,791,349		(1,175	)

Denominator:
Weighted-average shares outstanding
- Basic		10,006,436		10,000,000
- Diluted		10,006,436		10,000,000

Earnings (loss) per share:
- Basic		0.1790		(0.0001	)
- Diluted		0.1790		(0.0001	)

Basic earnings (loss) per share is computed using the weighted average number of the ordinary shares outstanding during the period. Diluted earnings (loss) per share is computed using the weighted average number of ordinary shares and ordinary equivalent shares outstanding during the period.

Due to the loss from Nocera, Inc. for the period, 300,000 share options were excluded from the calculation of diluted earnings per share for the year ended December 31, 2018, because the effect would be anti-dilutive. And no share options were excluded in the calculation of diluted loss per share for year ended December 31, 2017.