NEW BRAUNFELS, TX--(Marketwired - Mar 31, 2014) - Dyna Group International, Inc. (PINKSHEETS: DGIX) announced today sales for the 12 months ended December 31, 2013, increased $175,118 or 1.3% as compared to the 12 months ended December 31, 2012. This increase in sales is attributed mainly to an increase in internet sales. Net profits increased $5,008 or 4.2% as compared to the 12 months ended December 31, 2012.
12 months ended
December 31
2013
2012
Revenues
13,620,219
13,445,101
Operating Income (loss)
96,346
117,157
Income Tax (expense)
2,000
0.0
Other comprehensive income/(loss)
30,239
2,420
Net Income (loss)
124,585
119,577
Earnings per share
.01
.01
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.
Dyna Group International, Inc. is a holding company. The Company conducts all of its business through its wholly owned subsidiary, Great American Products, Ltd. (Great American Products). Great American Products offers a line of consumer products, as well as products for industry, which are used as advertising specialties and premiums, utilizing pewter centrifugally cast in rubber molds. These products include belt buckles, model miniatures, key chains, picture frames, as well as pewter decorated glassware, caps, ceramic ware, stainless steel drinkware, pewter decorated wall and desk decor, and pewter enhanced keepsake boxes. Great American Products are categorized under NFL Products, NBA Products, MLB Products, NHL Products, College Products, Military Products, Gifts & Souvenirs Products, and Custom Products.