Dyna Group International (DGIX.PK) Releases 2nd Quarter 2009 Financials
05 August 2009 - 8:20AM
Marketwired
Dyna Group International, Inc. (PINKSHEETS: DGIX) announced today
revenues of $4,669,065 for the six months ended June 30, 2009, a
decrease of $1,438,533, or 23.6%, as compared to the six months
ended June 30, 2008. Net income (after gain/loss on investments)
decreased from $99,130 for the six months ended June 30, 2008, to
($628,947) in the same time period of 2009.
6 months ended
June 30
----------------------------------------
2009 2008
------------------- -------------------
Revenues 4,669,065 6,107,598
------------------- -------------------
Operating Income (loss) (357,502) 313,606
------------------- -------------------
Income Tax (expense) 183,783 (125,131)
------------------- -------------------
Other comprehensive
income/(loss) (183,036) (89,345)
Net Income (loss) (356,755) 99,130
------------------- -------------------
Earnings per share (.048) .013
------------------- -------------------
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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