Aixin Life International, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 16, 2020 at 03:35 pm EST
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AiXin Life International, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced total revenue was USD 728,896 compared to USD 1.960 million a year ago. Operating income was USD 319,277 compared to USD 757,606 a year ago. Net income was USD 640,331 compared to USD 757,235 a year ago. Basic earnings per share from continuing operations was USD 0.013 compared to USD 0.01 a year ago. For the nine months, total revenue was USD 1.774 million compared to USD 2.062 million a year ago. Operating income was USD 651,891 compared to USD 115,231 a year ago. Net income was USD 1.204 million compared to USD 81,634 a year ago. Basic earnings per share from continuing operations was USD 0.017 compared to USD 0.001 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. 
