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  • Nov 1, 2024

      Show headlines and story abstract
    • 8:00AM ET on Friday Nov 01, 2024 by Dow Jones
      Companies Mentioned: GLE
      (repayment) of amount due from/to related parties 3,706,968 1,049,199 (16,201) (2,075) Collection of payment on behalf of a customer - - 3,530,000 452,083 Dividend payments (1,500,000) - - - ---------- ---------- ---------- ---------- Net cash (used in) provided by financing activities (1,357,771) (408,070) 2,159,379 276,550 ---------- ---------- ---------- ---------- Change in cash 4,266,681 234,069 2,161,189 276,781 Cash, beginning of the year 1,744,354 6,011,035 6,245,104 799,803 ---------- ---------- ---------- ---------- Cash, end of the year $ 6,011,035 $ 6,245,104 $ 8,406,293 $ 1,076,584 ========== ========== ========== ========== Supplemental cash flow information Cash paid for income tax $ 2,689,863 $ 1,431,957 $ - $ - ========== ========== ========== ========== Cash received from tax refund $ - $ - $ 256,874 $ 32,898 ========== ========== ========== ========== Cash paid for interest expense $ 1,550 $ 5,535 $ 1,049 $ 134 ========== ========== ========== ========== Non-cash activities: Operating lease right-of-use assets obtained in exchange for operating lease liabilities $ 1,084,738 $ - $ - $ - ========== ========== ========== ==========
    • 8:00AM ET on Friday Nov 01, 2024 by Dow Jones
      Companies Mentioned: GLE
      (repayment) of amount due from/to related parties 3,706,968 1,049,199 (16,201) (2,075) Collection of payment on behalf of a customer - - 3,530,000 452,083 Dividend payments (1,500,000) - - - ---------- ---------- ---------- ---------- Net cash (used in) provided by financing activities (1,357,771) (408,070) 2,159,379 276,550 ---------- ---------- ---------- ---------- Change in cash 4,266,681 234,069 2,161,189 276,781 Cash, beginning of the year 1,744,354 6,011,035 6,245,104 799,803 ---------- ---------- ---------- ---------- Cash, end of the year $ 6,011,035 $ 6,245,104 $ 8,406,293 $ 1,076,584 ========== ========== ========== ========== Supplemental cash flow information Cash paid for income tax $ 2,689,863 $ 1,431,957 $ - $ - ========== ========== ========== ========== Cash received from tax refund $ - $ - $ 256,874 $ 32,898 ========== ========== ========== ========== Cash paid for interest expense $ 1,550 $ 5,535 $ 1,049 $ 134 ========== ========== ========== ========== Non-cash activities: Operating lease right-of-use assets obtained in exchange for operating lease liabilities $ 1,084,738 $ - $ - $ - ========== ========== ========== ==========