AiXin Life International, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 04:49 pm EST
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AiXin Life International, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 0.071562 million compared to USD 0.068559 million a year ago. Revenue was USD 0.672786 million compared to USD 0.81291 million a year ago. Net loss was USD 4.37 million compared to USD 0.146104 million a year ago. Basic loss per share from continuing operations was USD 0.174 compared to USD 0.006 a year ago.
For the nine months, sales was USD 0.166278 million compared to USD 0.068559 million a year ago. Revenue was USD 1.51 million compared to USD 2.36 million a year ago. Net loss was USD 5.85 million compared to net income of USD 0.322283 million a year ago. Basic loss per share from continuing operations was USD 0.234 compared to basic earnings per share from continuing operations of USD 0.012 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.
AIXIN LIFE INTERNATIONAL, INC. 
