SOURCE: Dyna Group International, Inc.

Dyna Group International, Inc.

August 12, 2014 11:27 ET

Dyna Group International (DGIX.PK) Releases 2nd Quarter 2014 Financials

NEW BRAUNFELS, TX--(Marketwired - Aug 12, 2014) - Dyna Group International, Inc. (PINKSHEETS: DGIX) announced today sales for the 6 months ended June 30, 2014, increased $430,960 or 8.2% as compared to the 6 months ended June 30, 2013. This increase in sales is attributed mainly to new customers and products. Net loss was less $7,750 or 7.2% as compared to the 6 months ended June 30, 2013. 

       
  3 months ended
June 30
  6 months ended
June 30
  2014   2013   2014   2013
Revenues 3,133,337     2,779,187     5,673,073     5,242,113  
Operating Income (loss) (25,177 )   (42,827 )   (179,678 )   (167,221 )
Income Tax (expense) 8,545     13,039     61,075     55,413  
Other comprehensive income/(loss) 8,787     61     18,783     4,238  
Net Income (loss) (7,845 )   (29,727 )   (99,820 )   (107,570 )
                       
Earnings per share (0.0010 )   (0.0040 )   (0.0130 )   (0.0014 )
                       

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.

Contact Information

  • Contacts:
    Sandra Tristan
    Controller
    Roger Tuttle
    CEO
    830-620-4400
    www.gap1.com