AiXin Life International, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 15, 2022 at 10:23 am EDT
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AiXin Life International, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 0.063723 million. Revenue was USD 0.420887 million compared to USD 0.852768 million a year ago. Net loss was USD 0.728269 million compared to net income of USD 0.246685 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to basic earnings per share from continuing operations of USD 0.01 a year ago.
For the six months, sales was USD 0.094716 million. Revenue was USD 0.839565 million compared to USD 1.55 million a year ago. Net loss was USD 1.48 million compared to net income of USD 0.468387 million a year ago. Basic loss per share from continuing operations was USD 0.06 compared to basic earnings per share from continuing operations of USD 0.018 a year ago.
AiXin Life International Inc, formerly Mercari Communications Group Ltd, is a holding company mainly engaged in the provision of nutritional products in China. The Company operates its business through three segments. Advertising and Products segment provides health and wellness products and advertising and marketing services including herbs and greens, traditional Chinese remedies, functional products. Pharmacies segment distributes our health and wellness products. The Company also conduct through Hotels segment. The Company operates in the domestic market.