Consolidated statements of comprehensive income (loss)

For the years ended December 31, 2015, 2014, and 2013
(Stated in US dollars)

Year ended December 31,
Notes 2015 2014 2013
Revenue 8 61,343,681 58,832,481 99,559,814
Cost of sales 9 (46,511,274 ) (39,416,973 ) (57,363,839 )
Gross profit 14,832,407 19,415,508 42,195,975
Other income 10 302,145 252,748 367,896
Other gains and losses 11 (3,877,832 ) (2,036,508 ) 96,806
Distribution and selling expenses 12 (6,621,256 ) (7,191,606 ) (6,238,995 )
Administrative expenses 13 (2,798,082 ) (4,649,229 ) (2,211,431 )
Profit from operations 1,837,381 5,790,913 34,210,251
Finance costs 14 - (23,630 ) (116,421 )
Change in fair value of warrant liabilities 31 11,978 3,417,053 (45,442 )
Profit before tax 1,849,359 9,184,336 34,048,388
Income tax expense 15 (605,689 ) (2,307,354 ) (8,629,022 )
Profit for the year 16 1,243,670 6,876,982 25,419,366
Other comprehensive income
-currency translation differences (6,044,772 ) (350,810 ) 2,597,259
Total comprehensive income for the year (4,801,102 ) 6,526,172 28,016,625
Earnings per share of common stock attributable to the Company
-Basic 19 0.05 0.27 1.00
-Diluted 19 0.05 0.27 1.00