XML 85 R4.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $)
12 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Revenue    
Products $ 18,030,000 $ 20,447,000
Testing Services 12,922,000 13,126,000
Fabrication Services 3,111,000 900,000
Others 148,000 1,062,000
Total 34,211,000 35,535,000
Cost of Sales    
Cost of products sold 15,192,000 17,542,000
Cost of testing services rendered 10,659,000 8,339,000
Cost of fabrication services rendered 3,665,000 1,142,000
Others 110,000 193,000
Total 29,626,000 27,216,000
Gross Margin 4,585,000 8,319,000
Operating Expenses / (Gains):    
General and administrative 7,737,000 8,219,000
Selling 633,000 511,000
Research and development 295,000 250,000
Impairment loss 216,000 72,000
Loss / (Gain) on disposal of property, plant and equipment 4,000 (147,000)
Total operating expenses 8,885,000 8,905,000
Loss from Operations (4,300,000) (586,000)
Other (Expenses) / Income    
Interest expenses 301,000 243,000
Other income, net 176,000 702,000
Total other (expenses) / incomes (125,000) 459,000
Loss from Continuing Operations before Income Taxes (4,425,000) (127,000)
Income Tax (Benefit) / Expense (65,000) 195,000
Loss from Continuing Operations before Non-controlling Interest, net of tax (4,360,000) (322,000)
Equity in loss of unconsolidated joint venture, net of tax (11,000) (9,000)
Discontinued Operations (Note 21)    
Loss from discontinued operations,. net of tax (4,000) (4,000)
NET LOSS (4,375,000) (335,000)
Less: net (loss) / income attributable to the non-controlling interest (1,271,000) 353,000
Net Loss Attributable to Trio-Tech International Common Shareholders (3,104,000) (688,000)
Amounts Attributable to Trio-Tech International Common Shareholders:    
Loss from continuing operations, net of tax (3,100,000) (684,000)
Loss from discontinued operations, net of tax (4,000) (4,000)
Net Loss Attributable to Trio-Tech International Common Shareholders (3,104,000) (688,000)
Comprehensive (Loss) / Income Attributable to Trio-Tech International Common Shareholders:    
Net loss (4,375,000) (335,000)
Foreign currency translation, net of tax (250,000) 1,448,000
Comprehensive (Loss) / Income (4,625,000) 1,113,000
Less: Comprehensive (loss) / income attributable to the non-controlling interest (1,249,000) 160,000
Comprehensive (Loss) / Income Attributable to Trio-Tech International Common Shareholders $ (3,376,000) $ 953,000
Basic and Diluted Loss per Share:    
Basic and diluted loss per share from continuing operations attributable to Trio-Tech International $ (0.94) $ (0.21)
Basic and diluted loss per share from discontinued operations attributable to Trio-Tech International $ 0 $ 0
Basic and Diluted Loss per Share from Net Loss Attributable to Trio-Tech International $ (0.94) $ (0.21)
Weighted average number of common shares outstanding Basic 3,288 3,288
Dilutive effect of stock options      
Number of shares used to compute earnings per share - diluted 3,288 3,288