Fiscal Year 2013 Highlights
- Gross revenues were $9,369,901, which increased 163.89% year-over-year, comparing to gross revenues of $3,550,674 in FY2012.
- Gross profits were $2,083,717, which increased 329.08% year-over-year, comparing to the corresponding period in FY2012
- Accordingly, gross margin was 22.2%, comparing to gross margin of 13.7% in FY 2012
- Net income was $166,622, comparing to net loss of $88,016 in FY2012
"The increasing traffic in our retail stores has been laying a solid foundation for a sustained growth of our revenues, which increased by 163.89%, comparing to our revenues in Fiscal Year 2012," added Mr. Quanlong Chen. "As a strategic focus on our development in 2014, we expect to expand our retail stores network via acquisitions of sixty four franchise stores within the year."
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For More Information:
Zhengyang (Fred) Hong
Dragon Gate Investment Partners
Tel: +1 (917) 679-8528
Email: zhengyang.hong@dgipl.com
www.dgipl.com