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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
NET REVENUE        
Net revenue $ 31,752,814 $ 32,853,896 $ 57,344,990 $ 55,356,476
OPERATING INCOME /EXPENSES        
Cost of net revenue (22,566,923) (23,260,201) (41,301,327) (41,245,673)
Sales, marketing and other operating expenses (27,215) (25,115) (49,729) (45,418)
Research and development cost (32,558) (54,480) (63,338) (72,182)
Loss from disposal of property, plant and equipment (9,866) 0 (9,866) 0
General and administrative expenses (1,701,601) (2,422,452) (3,022,119) (4,391,669)
Other operating income 116,921 287,127 234,605 382,689
Total Costs and Expenses (24,221,242) (25,475,121) (44,211,774) (45,372,253)
INCOME FROM OPERATIONS 7,531,572 7,378,775 13,133,216 9,984,223
OTHER INCOME (EXPENSE)        
Interest expense (52,428) (53,583) (105,140) (106,589)
Interest income 119,171 79,429 225,646 152,272
INCOME BEFORE TAXES 7,598,315 7,404,621 13,253,722 10,029,906
INCOME TAXES (1,933,503) (2,048,722) (3,302,572) (2,791,042)
NET INCOME 5,664,812 5,355,899 9,951,150 7,238,864
COMPREHENSIVE INCOME:        
Net income 5,664,812 5,355,899 9,951,150 7,238,864
OTHER COMPREHENSIVE INCOME        
Foreign currency translation adjustments (34,932) 4,298,508 (2,939,120) 5,066,274
COMPREHENSIVE INCOME $ 5,629,880 $ 9,654,407 $ 7,012,030 $ 12,305,138
EARNINGS PER SHARE:        
BASIC $ 0.15 $ 0.14 $ 0.26 $ 0.19
DILUTED $ 0.14 $ 0.14 $ 0.25 $ 0.19
WEIGHTED AVERAGE NUMBER OF SHARES:        
BASIC 38,726,415 38,367,471 38,662,773 38,367,471
DILUTED 39,341,228 38,591,127 39,309,946 38,546,042