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DGIX Dyna Group International Inc (CE)

0.80
0.00 (0.00%)
10 Feb 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Dyna Group International Inc (CE) USOTC:DGIX OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.80 0.00 00:00:00

Dyna Group International (DGIX.PK) Releases 1st Quarter 2007 Financials

30/04/2007 11:34pm

Business Wire


Dyna (CE) (USOTC:DGIX)
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Dyna Group International, Inc. (Pink Sheets:DGIX) announced today sales for the 3 months ended March 31, 2007, increased $153,883 or 4.3% as compared to the 3 months ended March 31, 2006. This increase in sales is attributed mainly to a 64% increase in MLB sales as compared to 1st quarter 2006. Net profits decreased $16,667 or 10.9% as compared to the 3 months ended March 31, 2006. Profits were affected by the rising cost of pewter which was $5.73 average per pound for 2007 compared to $3.80 in 2006 and increase in NFL royalty expenses. Selling costs were significantly lower 1st quarter 2007 compared to 2006 due primarily to the reduction in trade shows attended. General and Administrative expenses were up by $53,207 for the 3 months ended March 31, 2007 as compared to the 3 months ended March 31, 2006, reflecting an increase in bad debt expense.     3 months ended March 31       2007  2006  Revenues     3,715,919  3,562,036  Operating Income (loss)     179,854  230,965  Income Tax (expense)     (44,083) (78,527) Net Income (loss)     135,771  152,438  Earnings per share     .02  .02  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.

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