Segments

3 Months Ended

Mar. 31, 2012

Segment Reporting, Disclosure Of Entitys Reportable Segments [Abstract]

Segment Reporting Disclosure [Text Block]

NOTE 11 SEGMENTS

The Company reports financial and operating information in the following two segments:

(a)  Wholesale segment

(b)  Retail segment

The Company also provides general corporate services to its segments and these costs are reported as "corporate and others”:

	Wholesale segment		Retail segment		Corporate and others		Total
March 31,2012
Segment profit or loss:
Net revenue from external customers	$	30,660,523	$	22,565,650	$	-	$	53,226,173
Income from operations	$	2,527,004	$	236,516	$	-	$	2,763,520
Interest income	$	278,229	$	3,185	$	-	$	281,484
Interest expense	$	514,561	$	31,480	$	-	$	546,041
Depreciation and amortization	$	250,465	$	910,171	$	-	$	1,160,636
Income tax expense	$	472,405	$	52,451	$	-	$	524,856
March 31,2011
Segment profit or loss:
Net revenue from external customers	$	40,609,356	$	12,598,881	$	-	$	53,208,237
Income (loss) from operations	$	2,882,148	$	311,577	$	117,340	$	3,311,065
Interest income	$	21,889	$	584	$	-	$	22,473
Interest expense	$	257,976	$	3,090	$	1,185	$	262,251
Depreciation and amortization	$	241,348	$	549,249	$	-	$	790,597
Income tax expense	$	601,568	$	77,453	$	-	$	679,021