Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v2.3.0.15
Segment Information
3 Months Ended
Sep. 30, 2011
Segment Information  
Segment Information

Note (6) - Segment Information: The Company’s reportable segments are strategic businesses that offer different products and services. They are managed separately because each business requires different marketing strategies. The Company primarily evaluates the operating performance of its segments based on the categories noted in the table below. The Company has no sales between segments. Financial information for the Company’s business segments is as follows:
 
   
For the three months ended
September 30,
 
   
2011
   
2010
 
   
(Unaudited)
   
(Unaudited)
 
Revenues:
           
Commercial and industrial laundry and dry cleaning equipment and boilers
  $ 6,260,324     $ 4,818,646  
License and franchise operations
    47,547       35,404  
                 
Total revenues
  $ 6,307,871     $ 4,854,050  
                 
Operating income (loss):
               
Commercial and industrial laundry and dry cleaning equipment and boilers
  $ 458,354     $ 279,910  
License and franchise operations
    12,518       26,068  
Corporate
    (98,467 )     (99,335 )
                 
Total operating income (loss)
  $ 372,405     $ 206,643  
 
   
September 30,
2011
   
June 30,
2011
 
   
(Unaudited)
   
(Audited)
 
Identifiable assets:
           
Commercial and industrial laundry and dry cleaning equipment and boilers
  $ 11,139,780     $ 10,293,717  
License and franchise operations
    531,776       522,012  
Corporate
    179,977       179,772  
Total assets
  $ 11,851,533     $ 10,995,501