This company is showing positive earnings. In fact, if you compare the earnings between the two years shown, you'll find that earnings "grew" by 39%. As you might expect, the figures for sales costs and operating expenses are also higher, so the company is probably growing physically as well: in order to make more money, it's increasing its capacity to produce more of whatever it sells.
One important thing that the income statement doesn't show is how the company is paying for this growth. To find that, you need to look at the cash flow statement. Another shortcoming of the income statement is that expense items are only shown "by department" and not "by type". For example, employee salaries make up part of sales cost and part of all items listed under operating expenses; but you can't tell from here how big a part.
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