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Dyna Group International (DGIX.PK) Releases 3rd Quarter 2014 Financials

2014-10-31 10:49 ET - News Release

NEW BRAUNFELS, TX -- (Marketwired) -- 10/31/14

Dyna Group International, Inc. (PINKSHEETS: DGIX) announced today sales for the 9 months ended September 30, 2014 increased $1,729,113 or 20.3% as compared to the 9 months ended September 30, 2013. Net loss was less $174,240 or 89.2% as compared to the 9 months ended September 30, 2013.


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                                3 months ended           6 months ended
                                 September 30             September 30
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                               2014        2013         2014        2013
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Revenues                      4,575,408   3,277,235   10,248,481   8,519,348
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Operating Income (loss)         131,549   (144,914)     (48,129)   (312,135)
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Income Tax (expense)           (50,207)      44,736       10,868     100,149
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Other comprehensive
 income/(loss)                  (2,620)      12,410       16,163      16,648
Net Income (loss)                78,722    (87,768)     (21,098)   (195,338)

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Earnings per share             (0.0010)    (0.0012)     (0.0030)    (0.0026)
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The above information is based on unaudited GAAP financial statements.

Dyna Group International, Inc. is a Nevada corporation and conducts all of its business through its wholly owned subsidiary, Great American Products.

Some of the statements in this news release may be forward-looking statements that may involve certain risks and uncertainties. Investors and others are cautioned that the forward-looking statements are based on estimates, projections, beliefs, and assumptions of management and are not guarantees of future performance.

Contacts:
Sandra Tristan
Controller
Roger Tuttle
CEO
830-620-4400
www.gap1.com

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