Sunwin Stevia International, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended October 31, 2021
December 17, 2021 at 10:13 am EST
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Sunwin Stevia International, Inc. reported earnings results for the second quarter and six months ended October 31, 2021. For the second quarter, the company reported sales was USD 10.11 million compared to USD 4.43 million a year ago. Revenue was USD 10.11 million compared to USD 4.43 million a year ago. Net loss was USD 1.17 million compared to USD 0.40338 million a year ago. Basic loss per share from continuing operations was USD 0.01. Diluted loss per share from continuing operations was USD 0.01.
For the six months, sales was USD 16.38 million compared to USD 11.47 million a year ago. Revenue was USD 16.38 million compared to USD 11.47 million a year ago. Net loss was USD 1.63 million compared to USD 1.07 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.01 compared to USD 0.01 a year ago.
Sunwin Stevia International, Inc. sells stevioside, a natural sweetener, and herbs used in traditional Chinese medicines and veterinary products. The Company operates through two segments related to its product lines: Stevioside, which produces and sells a range of purified steviol glycosides with rebaudioside A and stevioside as the principal components; a natural, low calorie sweetener, and OnlySweet, a stevioside-based table top sweetener, and Chinese medicines, which manufactures and sells traditional Chinese medicine formula extracts, which are used in products made for use by both humans and animals. The Company engages in new product development both through its internal research facilities, industry consultants and specialists to provide research and development for the planting of stevia plants, for the development of biological methods to improve lower-grade stevia product to higher-grade stevia, and for the application of biological method to change the taste of stevia.
SUNWIN STEVIA INTERNATIONAL, INC. 
