WLOL Financials 07/16/2014 06:47:45 Winland Ocean
Post# of 3
Winland Ocean Shipping Corp.
Period Ending Dec 31, 2011 Dec 31, 2010
Total Revenue 60,762 59,154
Cost of Revenue 48,171 45,996
Gross Profit 12,591 13,158
Operating Expenses
Research and Development - -
Sales, General and Admin. 2,700 2,827
Non-Recurring Items - -
Other 7,333 6,460
Operating Income 2,558 3,871
Income From Continuing Operations
Add'l Income/Expense Items (527) (110)
Earnings Before Interest and Tax 2,032 3,761
Interest Expense 2,852 994
Earnings Before Tax (821) 2,767
Income Tax - -
Minority Interest - -
Equity Earnings Unconsolidated Subsidiary - -
Net Income Cont. Operations (821) 2,767
Non Recurring Events
Discontinued Operations 3,877 375
Extraordinary Items - -
Effect of Accounting Changes - -
Other Items - -
Net Income 3,057 3,142
Preferred Stock and Other Adjustments - -
Net Income Applicable to Common Shareholders 3,057 3,142