EXHIBIT 12.1

STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

	Three Months ended September 30,				Years Ended June 30,
	2010*		2009		2010		2009		2008
Earnings:
Income (loss) before income taxes and noncontrolling interests	$	9,501,528	$	6,178,031	$	25,084,274	$	16,795,970	$	8,471,001
Fixed charges (see below)	$	176,675	$	61,309	$	112,475	$	632,446	$	933,053
Interest capitalized
Total earnings for computation of ratio	$	9,678,203	$	6,239,340	$	25,196,749	$	17,428,416	$	9,404,054
Fixed charges:
Interest expense	$	176,675	$	61,309	$	112,475	$	632,446	$	933,053
Interest capitalized		-		-		-		-		-
Finance charges from early retirement benefits cost		-		-		-		-		-
Bills discounting charges		-		-		-		-		-
Estimated interest portion of rental expense		-		-		-		-		-
Total fixed charges	$	176,675	$	61,309	$	112,475	$	632,446	$	933,053
Earnings to fixed charges		54.8		101.8		224.0		27.6		10.1

* The Company’s fiscal year-end is June 30.