Quarterly report pursuant to Section 13 or 15(d)

Unaudited Consolidated Statements of Changes in Shareholders' Equity

v3.7.0.1
Unaudited Consolidated Statements of Changes in Shareholders' Equity - 3 months ended Mar. 31, 2017 - USD ($)
Total
Ordinary Shares
Additional Paid-in Capital
Retained Earnings
Statutory Reserve
Accumulated Other Comprehensive Loss
Non-controlling Interest
Balance at Dec. 31, 2016 $ 139,712,254 $ 79,055 $ 111,008,085 $ 17,438,215 $ 9,391,827 $ (12,879,051) $ 14,674,123
Balance (in shares) at Dec. 31, 2016   79,055,053          
Acquisition of fishing vessels from related parties (29,101,214) (29,101,214)
Net income 10,842,524 9,920,154 922,370
Dividend declared (790,551) (790,551)
Foreign currency translation adjustment 641,048 590,392 50,656
Balance at Mar. 31, 2017 $ 121,304,061 $ 79,055 $ 81,906,871 $ 26,567,818 $ 9,391,827 $ (12,288,659) $ 15,647,149
Balance (in shares) at Mar. 31, 2017   79,055,053