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v3.19.1

Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($) | 3 Months Ended
--- | ---
Mar. 31, 2019 | Mar. 31, 2018
Income Statement [Abstract] |  |
Revenues | $ 17,450,292 | $ 1,888,194
Cost of sales | (17,642,758) | (2,583,502)
Gross Loss | (192,466) | (695,308)
Selling, general and administrative expenses | (2,981,473) | (3,813,794)
Loss from disposal of property, plant and equipment |  | (10,376)
Loss from Operations | (3,173,939) | (4,519,478)
Other Income (Expense): |  |
Interest income | 58,818 | 44,763
Subsidy income |  | 253,281
Interest expense | (255,269) | (403,811)
Loss before Income Taxes | (3,370,390) | (4,625,245)
Provision for Income Taxes | 647,795 | 538,969
Net Loss | (2,722,595) | (4,086,276)
Other Comprehensive Income |  |
Foreign currency translation adjustment | 3,293,680 | 7,375,558
Total Comprehensive Income | $ 571,085 | $ 3,289,282
Losses Per Share: |  |
Basic and Diluted Losses per Share | $ (0.12) | $ (0.19)
Outstanding - Basic and Diluted | 22,022,316 | 21,450,316

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