盐港明珠招股说明书-2019-09-27(10)

盐港明珠招股说明书-2019-09-27

Summary Consolidated Financial and Operating Data

The following summary consolidated statements of income and comprehensive income for the years ended December 31, 2018 and 2017, and the summary consolidated balance sheet data as of December 31, 2018 and 2017, have been derived from our consolidated financial statements included elsewhere in this prospectus.

Our historical results for any period are not necessarily indicative of results to be expected for any future period. Y ou should read the following summary financial information in conjunction with the consolidated financial statements and related notes and the information under “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included elsewhere in this prospectus.

For the Year E nded

December 31,

20182017 Selected Consolidated Statements of Income and Comprehensive Income Data:USD USD Revenues27,646,789 20,616,011 Transportation costs22,399,066 16,806,258 General and administrative expenses1,147,101 1,452,369 Income from operations4,034,766 2,317,476 Other (expenses) income(173,851)(391,121) Income before income taxes3,860,915 1,926,355 Provision for income taxes1,006,028 688,265 Net income2,854,887 1,238,090 Other comprehensive income (loss)(419,684)291,244 Comprehensive income2,435,203 1,529,334 Earnings per share - basic and diluted2,854.89 1,238.09 Weighted average ordinary shares outstanding1,000 1,000

December 31,

2018December 31,

2017

Selected Consolidated Balance Sheet Data:USD USD Current assets10,567,898 11,471,380 Property and equipment, net4,988,774 5,431,913 Total assets15,883,551 17,297,480 Total debt (including current maturities)2,522,726 3,843,967 Capital lease obligation1,464,109 1,781,414 Shareholders’ equity8,505,031 5,040,587

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