Scientific Energy, Inc. Reports Earnings Results for the Full Year Ended December 31, 2023
April 16, 2024 at 01:06 pm EDT
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Scientific Energy, Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was USD 38.96 million compared to USD 44.11 million a year ago. Net income was USD 2.09 million compared to net loss of USD 3.77 million a year ago.
Basic earnings per share from continuing operations was USD 0.008 compared to basic loss per share from continuing operations of USD 0.014 a year ago. Diluted earnings per share from continuing operations was USD 0.008 compared to diluted loss per share from continuing operations of USD 0.014 a year ago.
Scientific Energy, Inc. is a mobile platform for ordering and delivery services for restaurants or other merchants. The Company operates in Macau and its businesses are built on its platform, Aomi App (the Platform). The Platform connects restaurants/merchants with consumers and delivery riders. It offers customers access to the Platform primarily through its mobile applications designed for iPhone, Android, and iPad devices. In addition to food, customers can also order grocery and other non-food merchandise through its Platform, Aomi Supermarket, such as fruits and vegetables, meat, poultry, eggs and milk, seafood and aquatic products, grain, oil, seasoning, snacks, beverages and other groceries. The Platform allows customers to direct delivery riders to purchase the desired merchandise at the Aomi Supermarket and deliver to them. The Company's subsidiaries include Macao E-Media Development Company Limited, a Macau Company and Gold Gold Gold Limited (3G), a Hong Kong company.