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CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS (USD $)
3 Months Ended 6 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Sales Revenue $ 7,681,665 $ 8,421,007 $ 16,598,644 $ 16,365,271
Cost of Goods Sold 3,548,868 3,599,224 7,917,789 7,181,569
Gross Profit 4,132,797 4,821,783 8,680,855 9,183,702
Selling Expenses 794,120 612,003 1,664,324 1,791,555
G&A Expense 710,515 1,049,403 1,202,898 2,458,223
R&D Expenses 326,135 200,303 548,700 393,821
Total expense 1,830,769 1,861,709 3,415,922 4,643,599
Income from operation 2,302,028 2,960,074 5,264,933 4,540,103
Interest income (Expense) 30,761 75,961 58,792 144,135
Unrealized gain on derivative 4,425,514 0 (4,425,514) 0
Profit before tax 6,758,303 3,036,035 9,749,239 4,684,238
Income tax 583,197 759,009 1,326,424 1,171,060
Net income 6,170,105 2,277,026 8,422,815 3,513,178
Other comprehensive income        
Foreign currency translation adjustment (128,779) 443,485 (169,657) 848,649
Comprehensive income $ 6,046,326 $ 2,720,511 $ 8,253,158 $ 4,362,827
Basic and diluted income per common share        
Basic and Diluted $ 0.08 $ 0.03 $ 0.11 $ 0.05
Weighted average number of common shares outstanding        
Basic and Diluted 73,830,610 73,780,610 73,830,610 73,780,610