Dyna Group International, Inc. (Pink Sheets:DGIX) announced today sales for the 12 months ended December 31, 2006, decreased $365,161 or 2% as compared to the 12 months ended December 31, 2005. This decline in sales is attributed mainly to the decline in demand in the NASCAR and buckle markets. Net profits decreased $63,057 or 6% as compared to the 12 months ended December 31, 2005. Profits were affected by the rising cost of pewter which was $4.06 average per pound for 2006 compared to $3.94 in 2005. Selling costs were significantly higher 4th quarter 2006 compared to 2005 due primarily to the additional trade shows attended and increase in licensing fees. � 12 months ended December 31 � � 2006� 2005� Revenues � 16,341,194� 16,706,355� Operating Income (loss) � 1,362,895� 1,527,015� Income Tax (expense) � (406,902) (507,965) Net Income (loss) � 955,993� 1,019,050� Earnings per share � .13� .14� The above information is based on unaudited GAAP financial statements. For the entire financial statement for the year ended December 31, 2006, please visit our website at http://www.gap1.com/about_us/financial/financials.html. 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.
Dyna (CE) (USOTC:DGIX)
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