Quarterly report pursuant to Section 13 or 15(d)

Unaudited Consolidated Statements of Changes in Shareholders' Equity

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Unaudited Consolidated Statements of Changes in Shareholders' Equity - 6 months ended Jun. 30, 2018 - USD ($)
Total
Ordinary Shares
Additional Paid-in Capital
Retained Earnings
Statutory Reserve
Accumulated Other Comprehensive Loss
Non-controlling Interest
Balance at Dec. 31, 2017 $ 147,505,156 $ 79,055 $ 81,682,599 $ 40,349,189 $ 12,978,343 $ (5,731,889) $ 18,147,859
Balance (in shares) at Dec. 31, 2017   79,055,053          
Acquisition of fishing vessels from related party  
Net Income 4,319,947 3,817,777 502,170
Dividend declared (1,581,101) (1,581,101)
Foreign currency translation adjustment (2,050,982) (1,886,883) (164,099)
Balance at Jun. 30, 2018 $ 148,193,020 $ 79,055 $ 81,682,599 $ 42,585,865 $ 12,978,343 $ (7,618,772) $ 18,485,930
Balance (in shares) at Jun. 30, 2018   79,055,053