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Total comprehensive
(loss) income
-$268,035
(-130.84%↓ Y/Y)
Foreign currency
translation adjustment
$1,180,212
(-58.49%↓ Y/Y)
Net loss
-$1,448,247
(26.63%↑ Y/Y)
Loss before income
taxes
-$1,141,885
(29.87%↑ Y/Y)
Income tax expenses
$306,362
(-11.38%↓ Y/Y)
Interest income
$1,146
Gain on derivative
liability
$303
(15050.00%↑ Y/Y)
Revenues
$25,601,344
(2.07%↑ Y/Y)
Loss from operations
-$992,632
(32.20%↑ Y/Y)
Interest expense
$150,702
(-12.09%↓ Y/Y)
Gross profit
$2,021,846
(5.45%↑ Y/Y)
Gain on impairment of
assets
$3,709
Cost of sales
$23,579,498
(1.79%↑ Y/Y)
Selling, general and
administrative expenses
$3,018,187
(-10.74%↓ Y/Y)
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Income Statement
source: myfinsight.com
IT TECH PACKAGING, INC. (ITP)
IT TECH PACKAGING, INC. (ITP)