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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS)/ INCOME
In Thousands, except Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2012
Consolidated
USD ($)
Dec. 31, 2011
Consolidated
USD ($)
Dec. 31, 2010
Consolidated
USD ($)
Dec. 31, 2012
ZHEJIANG
CNY
Dec. 31, 2011
ZHEJIANG
CNY
Dec. 31, 2010
ZHEJIANG
CNY
Revenues            
Trading and manufacturing $ 10,866 $ 11,437 $ 13,745      
Engineering 10,779 8,776 8,560      
Total revenues 21,645 20,213 22,305 281,203 291,992 166,732
Cost of revenues            
Trading and manufacturing (8,230) (8,810) (10,861)      
Engineering (7,250) (6,512) (5,703)      
Total cost of revenues (15,480) (15,322) (16,564) (216,362) (208,062) (112,540)
Gross profit 6,165 4,891 5,741 64,841 83,930 54,192
Selling and administrative expenses (6,224) (6,565) (7,119) (66,902) (40,104) (31,154)
Operating loss/ income (59) (1,674) (1,378) (2,061) 43,826 23,038
Interest income 46 60 42 149 124 60
Interest expenses       (4,496) (1,802) (691)
Other income, net 48 82 9 7,341 5,161 6,074
(Loss)/gain on disposal of fixed assets (22) 328 1      
Profit/(loss) before income taxes and equity in profit of affiliates 13 (1,204) (1,326) 933 47,309 28,481
Income (taxes)/benefit (142) 63 (154) (2,434) (7,919) (2,768)
Equity in profit of affiliates 9 1,131 723      
Net (loss)/income for the year (120) (10) (757) (1,501) 39,390 25,713
Less: net (income)/loss attributable to non-controlling interest (309) 531 (330) 251 1,209 (1,984)
Net (loss)/income attributable to the Company (429) 521 (1,087) (1,250) 40,599 23,729
Other comprehensive loss            
Net (loss)/ income (120) (10) (757) (1,501) 39,390 25,713
Foreign exchange translation adjustments 0 215 177 0 0 0
Comprehensive (loss)/income (120) 205 (580) (1,501) 39,390 25,713
Less: Comprehensive (income)/loss attributable to non-controlling interest (309) 442 (397) 251 1,209 (1,984)
Comprehensive (loss)/income attributable to the Company $ (429) $ 647 $ (977) (1,250) 40,599 23,729
Net income/(loss) per ordinary share            
- Basic $ (0.21) $ 0.25 $ (0.52)      
- Diluted $ (0.21) $ 0.25 $ (0.51)      
Weighted average number of ordinary shares outstanding            
- Basic 2,070,685 2,087,922 2,099,894 [1]      
- Diluted 2,076,315 2,102,199 2,143,375 [1]      
[1] *In connection with a 2 for 11 subsequent reverse stock split on January 13, 2012, the common stock and the computation of Basic and Diluted EPS are adjusted retroactively to reflect the recapitalization change.