SOURCE: Dyna Group International, Inc.

Dyna Group International, Inc.

October 31, 2014 10:49 ET

Dyna Group International (DGIX.PK) Releases 3rd Quarter 2014 Financials

NEW BRAUNFELS, TX--(Marketwired - Oct 31, 2014) - Dyna Group International, Inc. (PINKSHEETS: DGIX) announced today sales for the 9 months ended September 30, 2014 increased $1,729,113 or 20.3% as compared to the 9 months ended September 30, 2013. Net loss was less $174,240 or 89.2% as compared to the 9 months ended September 30, 2013. 

       
  3 months ended
September 30
  6 months ended
September 30
  2014 2013   2014 2013
Revenues 4,575,408 3,277,235   10,248,481 8,519,348
Operating Income (loss) 131,549 (144,914)   (48,129) (312,135)
Income Tax (expense) (50,207) 44,736   10,868 100,149
Other comprehensive income/(loss) (2,620) 12,410   16,163 16,648
Net Income (loss) 78,722 (87,768)   (21,098) (195,338)
           
Earnings per share (0.0010) (0.0012)   (0.0030) (0.0026)
           

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