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Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($) | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2017 | Sep. 30, 2016 | Sep. 30, 2017 | Sep. 30, 2016
Statements of Income and Comprehensive Income (Loss) [Abstract] |  |  |  |
Revenues | $ 33,507,053 | $ 37,462,066 | $ 81,584,395 | $ 103,368,291
Cost of sales | (26,285,765) | (30,131,223) | (65,244,521) | (85,381,810)
Gross Profit | 7,221,288 | 7,330,843 | 16,339,874 | 17,986,481
Selling, general and administrative expenses | (2,848,699) | (2,599,698) | (8,319,590) | (9,641,408)
Loss from disposal of property, plant and equipment | (1,653,039) |  | (1,665,140) | (25,774)
Income from Operations | 2,719,550 | 4,731,145 | 6,355,144 | 8,319,299
Other Income (Expense): |  |  |  |
Interest income | 5,503 | 14,832 | 29,259 | 95,226
Subsidy income | 410 |  | 41,223 |
Interest expense | (647,963) | (677,576) | (2,023,577) | (2,094,448)
Income before Income Taxes | 2,077,500 | 4,068,401 | 4,402,049 | 6,320,077
Provision for Income Taxes | (505,165) | (1,033,859) | (1,105,928) | (2,077,826)
Net Income | 1,572,335 | 3,034,542 | 3,296,121 | 4,242,251
Other Comprehensive Income (Loss) |  |  |  |
Foreign currency translation adjustment | 3,790,338 | (1,263,906) | 8,035,099 | (5,009,467)
Total Comprehensive Income (Loss) | $ 5,362,673 | $ 1,770,636 | $ 11,331,220 | $ (767,216)
Earnings Per Share: |  |  |  |
Basic and Diluted Earnings per Share | $ 0.07 | $ 0.14 | $ 0.15 | $ 0.20
Outstanding - Basic and Diluted | 21,450,316 | 21,450,316 | 21,450,316 | 21,404,627

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