| Schedule of Geographical Revenue |
The Company’s geographical revenue information is set forth below:
| | |
Three-Month Period Ended
March 31 | |
| | |
2026 | | |
2025 | |
| | |
(Unaudited) | |
| Sales in PRC | |
$ | 11,000,025 | | |
$ | 10,301,069 | |
| Sales in Overseas | |
| | | |
| | |
| -Republic of China (ROC, or Taiwan) | |
| 2,978,322 | | |
| 2,667,917 | |
| -South Korea | |
| 2,333,822 | | |
| 2,320,592 | |
| Sub-total | |
| 5,312,144 | | |
| 4,988,509 | |
| Total revenues | |
$ | 16,312,169 | | |
$ | 15,289,578 | |
|
| Schedule of Segment Information |
Segment information is
set forth below:
| | |
Three-Month Period Ended
March 31 | |
| | |
2026 | | |
2025 | |
| | |
(Unaudited) | |
| Revenues | |
$ | 16,312,169 | | |
$ | 15,289,578 | |
| Less: | |
| | | |
| | |
| Cost of revenues | |
| 10,488,869 | | |
| 9,647,947 | |
| Allowance for credit losses | |
| 12 | | |
| 45,739 | |
| Reversal of provision for obsolete inventory | |
| (4,012 | ) | |
| (25,276 | ) |
| Staff cost | |
| 404,744 | | |
| 351,635 | |
| Depreciation and amortization expense | |
| 9,020 | | |
| 2,471 | |
| Lease expense | |
| 159,050 | | |
| 151,375 | |
| Income tax expense | |
| 1,243,185 | | |
| 1,471,106 | |
| Other segment items* | |
| 144,995 | | |
| 1,081,859 | |
| | |
| | | |
| | |
| Segment net income | |
| 3,866,306 | | |
| 2,562,722 | |
| | |
| | | |
| | |
| Consolidated net income | |
$ | 3,866,306 | | |
$ | 2,562,722 | |
| | |
| | | |
| | |
| Consolidated total assets | |
$ | 147,289,706 | | |
$ | 133,677,892 | |
| * | Other segment items include remaining selling expense, general and administration expenses and interest income. |
|