Myson Files Quarterly Report for the Period Ended September 30, 2015
NEW YORK, NY and HANOI, Vietnam – July 12, 2016 – Myson Group, Inc. (OTC Markets: MYSN) today filed the quarterly report for the quarter ended September 30, 2015.
The Company reported $4,627,831 of net income from operations for the nine months ended September 30, 2015, total assets of $16,473,732, and net shareholders’ equity of $5,158,883, respectively, as of the end of September, 2015, compared to net loss of $45,626 for the nine months ended September 30, 2014, zero assets and net shareholders’ deficit of $42,079 as of September 30, 2014. .
Through its majority-owned Van Phuc Holding Building and Trading Joint Stock Company, Myson provides design, building and construction services for commercial, industrial and residential projects, including high-rise buildings, urban complexes, infrastructure, industrial parks, hotels, condominium and apartment buildings.
The Company will file its unaudited annual report for the year ended December 31, 2015 in the next few days and the quarterly report for the quarter ended March 31, 2016 in the coming weeks. It will also continue to finish its audited financial statements in order to file a registration statement with the Securities and Exchange Commission to become a fully reporting company and subsequently upgrade its trading venue to the Nasdaq Stock Market. In addition, the Company expects to announce a number of contracts and agreements that should be able to generate significant revenues and profits in the near future.
About Myson Group, Inc.
Myson Group, Inc., a Nevada corporation established in 1987, had been engaged in semiconductors, environmental services and development of mineral properties in the past. The company has acquired a majority interest in Van Phuc Holding Building and Trading JSC, a Vietnam-based company, and will focus on design, building and construction services. Website: www.mysongroup.com
Safe Harbor: This news release contains forward-looking statements that are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of such forward-looking statements. Such forward-looking statements are made based upon management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995.
Contact:
Timothy Pham
Myson Group, Inc.
714-813-9855
sec@mysongroup.com