Sincerity Applied Materials Holdings Corp. Income Statement

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Financial Statements

In USD, except per-share amounts

	FY2021 12 months to Dec 31, 2021	FY2020 12 months to Dec 31, 2020	FY2019 12 months to Dec 31, 2019	FY2018 12 months to Dec 31, 2018	FY2017 12 months to Dec 31, 2017
Revenue
Sales
Cost of sales
Gross profit
Operating expenses
Depreciation and amortization
Selling, general and administrative expenses
Employee expenses
Professional service fees
Bad debt expenses
Repairs and maintenance
Chattel Mortgage charges
Total operating expenses
Income/(Loss) from operations

Other income/(expenses)
Other income
Interest expense
Discount on convertible note
Gain on derivative financial instrument
Other Finance Gain
Loss on issue of Warrant
Fair value adjustments on Convertible note
(Loss)/Gain on derivative financial instrument
Fair value adjustment of Warrant liabilities
Total other expenses
Foreign currency transaction loss
Foreign currency transaction income/(loss)
Total other income/(loss)
Income/(Loss) from continuing operations before income tax expenses
Income tax (expense)/benefit
Net income/(loss) after income tax expense for the period

Other comprehensive income /(loss)
Exchange differences arising on translation of foreign operations
Other comprehensive income/(loss)
Total comprehensive income/(loss) for the period
Net (loss)/gain per share
Basic and diluted
Weighted average number of common stock outstanding
Basic and diluted

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