Published:
Dyna Group International (DGIX.PK) Releases 3rd Quarter 2009 Financials
Dyna Group International, Inc.
(PINKSHEETS: DGIX) announced today revenues of $7,800,551 for the nine
months ended September 30, 2009, a decrease of $2,164,184, or 21.8%, as
compared to the nine months ended September 30, 2008. Operating income
(loss) was ($242,684) compared to a gain in 2008 of $354,926. Net income
(loss) was ($252,497) as compared to a loss in 2008 of ($116,348).
We are continuing to feel the effects of a slow economy, however are
encouraged that we showed a small operating profit in the 3rd quarter of
$114,817.
9 months ended
September 30
--------------------------------------------
2009 2008
--------------------- ---------------------
Revenues $7,800,551 $9,964,735
--------------------- ---------------------
Operating Income (loss) (242,684) 354,926
--------------------- ---------------------
Income Tax (expense) 130,079 (126,712)
--------------------- ---------------------
Other comprehensive
income/(loss) (139,892) (344,562)
Net Income (loss) ($252,497) ($116,348)
--------------------- ---------------------
Earnings per share (.034) .016
--------------------- ---------------------
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.
Copyright © 2009, MarketWire
Copyright © 2009, NewsBlaze,
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