v3.25.1
Consolidated Statements of Operations and Comprehensive Income - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Defined Benefit Plan Disclosure [Line Items]      
Total revenues $ 688,607,542 $ 633,079,773 $ 702,095,390
Total cost of revenues (672,562,832) (620,989,960) (688,832,965)
Gross profit 16,044,710 12,089,813 13,262,425
Operating expenses      
Selling and marketing expenses (39,664) (101,302) (70,600)
General and administrative expenses (5,249,099) (5,127,137) (5,730,970)
Depreciation expenses (4,758,014) (4,257,189) (2,974,083)
Total operating expenses (10,046,777) (9,485,628) (8,775,653)
Income from operations 5,997,933 2,604,185 4,486,772
Other (expenses) income      
Interest income 52,126 10,264 11,268
Sundry income 2,022,473 3,321,563 704,626
Interest expenses (4,598,376) (2,203,061) (1,983,204)
Share of losses of associate (710)
Total other (expenses) income, net (2,524,487) 1,128,766 (1,267,310)
Income before income taxes 3,473,446 3,732,951 3,219,462
Income tax (expenses) benefits (1,428,299) (774,239) 8,660
Net income 2,045,147 2,958,712 3,228,122
Less: income attributable to non-controlling interest (167,910) (962,761) (855,167)
Net income attributable to controlling interest $ 1,877,237 $ 1,995,951 $ 2,372,955
Weighted average number of ordinary shares outstanding:      
Ordinary shares - Basic 20,000,000 20,000,000 20,000,000
Ordinary shares - Diluted 20,000,000 20,000,000 20,000,000
Earnings per share:      
Basic $ 0.09 $ 0.10 $ 0.12
Diluted $ 0.09 $ 0.10 $ 0.12
Other comprehensive income:      
Net income $ 2,045,147 $ 2,958,712 $ 3,228,122
Foreign currency translation adjustments 276,068 1,887,789 (311,976)
Total comprehensive income 2,321,215 4,846,501 2,916,146
Comprehensive income including non-controlling interest 2,321,215 4,846,501 2,916,146
Comprehensive income attributable to non-controlling interest (167,781) (832,987) (683,369)
Comprehensive income attributable to controlling interest 2,153,434 4,013,514 2,232,777
Nonrelated Party [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Total revenues 688,430,008 632,789,396 701,584,171
Total cost of revenues (671,615,772) (619,866,604) (687,393,895)
Related Party [Member]      
Defined Benefit Plan Disclosure [Line Items]      
Total revenues 177,534 290,377 511,219
Total cost of revenues $ (947,060) $ (1,123,356) $ (1,439,070)