Winland Ocean Shipping Corp Reports Earnings Results for the Year Ended December 31, 2011
Winland Ocean Shipping Corp. reported earnings results for the year ended December 31, 2011. For the year, the company reported sales revenue of USD 60,761,987 compared to USD 59,153,749 a year ago. Loss from continuing operations before income taxes were USD 820,633 compared to profit from continuing operations before income taxes of USD 2,767,309 a year ago. Loss from continuing operations were USD 820,633 compared to profit from continuing operations of USD 2,767,309 a year ago. Net income was USD 3,056,763 compared to USD 3,141,881 a year ago. Basic and diluted loss from continuing operations were USD 0.00 compared to basic and diluted earnings from continuing operations of USD 0.02 a year ago. Basic and diluted net income per share were USD 0.02 compared to USD 0.02 a year ago.