| PERIOD ENDING | 31-Dec-08 | 31-Dec-06 | 31-Dec-05 | | Total Revenue | 10,215,000 | 10,623,600 | 12,961,600 | | Cost of Revenue | 8,951,000 | 9,084,100 | 11,209,500 | | | Gross Profit | 1,264,000 | 1,539,500 | 1,752,100 | | | Operating Expenses | | Research Development | 154,000 | 115,400 | 95,500 | | Selling General and Administrative | 909,000 | 795,300 | 719,100 | | Non Recurring | 36,000 | (114,600) | 123,600 | | Others |
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| 6,400 |
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| | | | Total Operating Expenses |
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| 802,500 |
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| | | | Operating Income or Loss | 165,000 | 737,000 | 813,900 | | | Income from Continuing Operations | | Total Other Income/Expenses Net | 753,000 | (42,400) | (333,000) | | Earnings Before Interest And Taxes | 932,000 | 698,200 | 489,100 | | Interest Expense | 263,000 | 350,700 | 426,900 | | Income Before Tax | 669,000 | 347,500 | 62,200 | | Income Tax Expense | 190,000 | (49,000) | 23,500 | | Minority Interest | (1,000) | (2,900) | (1,700) | | | | Net Income From Continuing Ops | 478,000 | 393,600 | 37,000 | | | Non-recurring Events | | Discontinued Operations | 117,000 | (219,700) | (43,900) | | Extraordinary Items | 14,000 | 55,900 |
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| | Effect Of Accounting Changes |
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|
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| (27,700) | | Other Items |
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|
-
|
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| | | | Net Income | 609,000 | 229,800 | (34,600) | | Preferred Stock And Other Adjustments |
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|
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| (43,100) | | | Net Income Applicable To Common Shares | $609,000 | $229,800 | ($77,700) |
|
1.48% Nasdaq 
Income Statement
