| Dec'19 | Dec'18 | Dec'17 | ||||
|---|---|---|---|---|---|---|
Revenue | ||||||
388,162 | 291,006 | 295,549 | ||||
Cost of revenue | ||||||
324,953 | 241,441 | 251,615 | ||||
Gross profit | ||||||
63,208 | 49,565 | 43,934 | ||||
DISTRIBUTION, SELLING AND ADMINISTRATIVE EXPENSES | ||||||
54,931 | 41,039 | 32,924 | ||||
INCOME (LOSS) FROM OPERATIONS | ||||||
8,277 | 8,526 | 11,010 | ||||
Other Income (Expenses) | ||||||
Interest income | ||||||
418 | 493 | 21 | ||||
Interest expense and bank charges | ||||||
1,661 | 1,372 | 1,339 | ||||
Other income | ||||||
532 | 671 | - | ||||
Rental income and other income | ||||||
- | - | 1,010 | ||||
Total Other Income (Expenses), net | ||||||
-184 | 317 | -308 | ||||
INCOME (LOSS) BEFORE INCOME TAX PROVISION | ||||||
8,092 | 8,843 | 10,701 | ||||
PROVISION (BENEFIT) FOR INCOME TAXES | ||||||
2,197 | 2,490 | 623 | ||||
NET INCOME (LOSS) | ||||||
5,895 | 6,353 | 10,078 | ||||
Less: net income attributable to noncontrolling interest | ||||||
505 | 67 | 431 | ||||
NET INCOME (LOSS) ATTRIBUTABLE TO HF FOODS GROUP INC. | ||||||
5,389 | 6,286 | 9,646 | ||||
Net Income | ||||||
5,895 | 6,353 | 10,078 | ||||
NET INCOME | ||||||
5,389 | 6,286 | 9,646 | ||||
Less: Pro forma adjustment to reflect income tax expenses if taxed under C Corporation | ||||||
- | - | 3,439 | ||||
Less: Net income attributable to noncontrolling interest | ||||||
- | - | -431 | ||||
Net income used to compute pro forma net earnings per share | ||||||
- | - | 6,206 | ||||
Earnings (loss) per common share - basic and diluted (in dollars per share) | ||||||
0.22 | 0.30 | 0.48 | ||||
Pro Forma earnings per common share - basic and diluted (in dollars per share) | ||||||
- | - | 0.31 | ||||
Weighted average shares - basic and diluted (in shares) | ||||||
27,113 | 20,991 | 19,969 | ||||
Third Parties [Member] | ||||||
Revenue | ||||||
368,809 | 272,859 | 277,100 | ||||
Cost of revenue | ||||||
306,370 | 223,694 | 233,538 | ||||
Related Parties [Member] | ||||||
Revenue | ||||||
19,352 | 18,147 | 18,449 | ||||
Cost of revenue | ||||||
18,582 | 17,746 | 18,076 | ||||
Rental income – related parties | ||||||
525 | 525 | - | ||||