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Income Statement
HCIL
source: myfinsight.com
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Comprehensive (loss) income
attributable to hongchang...
-$1,720,336
Less comprehensive
income attributable to...
$5,863
Total comprehensive
(loss) income
-$1,714,473
Foreign currency
translation difference net...
-$1,242,080
Net loss
-$472,393
Income tax benefit
-$22,303
Loss before income
taxes
-$494,696
Interest income
$1,155
Other income
$1,167
Net revenue
$2,867,102
Operating loss
-$383,326
Other expenses
$113,692
Gross profit
$181,632
Cost of revenue
$2,685,470
Total operating
expenses
$564,958
General and
administrative expenses
$560,577
Intangible asset
impairment charge
$2,837
Sales and marketing
expenses
$1,544
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