Dyna Group International (DGIX.PK) Releases 3rd Quarter 2009 Financials
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| Posted
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Tue, 03 Nov 2009 22:56:50 GMT |
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Dyna Group International, Inc. |
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NEW BRAUNFELS, TX -- 11/03/09 --
Dyna Group International, Inc.
(PINKSHEETS: DGIX) announced today revenues of $7,800,551 for the nine
months ended September 30, 2009, a decrease of $2,164,184, or 21.8%, as
compared to the nine months ended September 30, 2008. Operating income
(loss) was ($242,684) compared to a gain in 2008 of $354,926. Net income
(loss) was ($252,497) as compared to a loss in 2008 of ($116,348).
We are continuing to feel the effects of a slow economy, however are
encouraged that we showed a small operating profit in the 3rd quarter of
$114,817.
9 months ended
September 30
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2009 2008
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Revenues $7,800,551 $9,964,735
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Operating Income (loss) (242,684) 354,926
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Income Tax (expense) 130,079 (126,712)
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Other comprehensive
income/(loss) (139,892) (344,562)
Net Income (loss) ($252,497) ($116,348)
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Earnings per share (.034) .016
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The above information is based on unaudited GAAP financial statements.
Dyna Group International, Inc. is a Nevada corporation and conducts all of
its business through its wholly owned subsidiary, Great American Products.
Some of the statements in this news release may be forward-looking
statements that may involve certain risks and uncertainties. Investors and
others are cautioned that the forward-looking statements are based on
estimates, projections, beliefs, and assumptions of management and are not
guarantees of future performance.
Contacts:
Sandra Tristan, Controller
Roger Tuttle, CEO
830-620-4400
www.gap1.com
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