Dragon Capital Group Corp. Announces Financial Results for Second Quarter and First Six Months Ended June 30, 2013; Provides Revenue Guidance for Second Half of the Year 2013
For the first six months of 2013, total revenues were $9.3 million compared to $9.9 million in the first six months of 2012. Net income attributable to company in the first six months of 2013 increased more than two fold to $119,000 compared to net income of $46,000 recorded in the first six months of 2012. Earnings per basic and diluted share for the first six months rounded to $0.00 in both periods on 492.7 million and 362.7 weighted average shares respectively.
The company said that it is confident that revenues from gas monitoring contracts and success in current contracts up for bid will lead to a substantial increase in performance in the second half of the year.