Dyna Group International (DGIX.PK) Releases 1st Quarter 2009 Financials
12 May 2009 - 7:37AM
Marketwired
Dyna Group International, Inc. (PINKSHEETS: DGIX) announced today
revenues of $2,392,819 for the 3 months ended March 31, 2009, a
decrease of $972,429, or 28.9%, as compared to the 3 months ended
March 31, 2008. Net income (after gain/loss on investments)
decreased from $78,475 for the three months ended March 31, 2008,
to ($63,998) in the same time period of 2009.
3 months ended
March 31
==================================
2009 2008
---------------- ----------------
Revenues 2,392,819 3,365,248
---------------- ----------------
Operating Income (loss) (100,682) 134,853
---------------- ----------------
Income Tax (expense) 32,968 (62,981)
---------------- ----------------
Other comprehensive income/(loss) 3,906 (29,302)
---------------- ----------------
Net Income (loss) (63,998) 78,475
---------------- ----------------
Earnings per share (.01) .01
---------------- ----------------
The above information is based on unaudited GAAP financial
statements.
Dyna Group International, Inc. is a Nevada corporation and
conducts all of its business through its wholly owned subsidiary,
Great American Products.
Some of the statements in this news release may be
forward-looking statements that may involve certain risks and
uncertainties. Investors and others are cautioned that the
forward-looking statements are based on estimates, projections,
beliefs, and assumptions of management and are not guarantees of
future performance.
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Contacts: Sandra Tristan, Controller Roger Tuttle, CEO
830-620-4400 www.gap1.com
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