Scientific Energy, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 21, 2023 at 08:26 am EDT
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Scientific Energy, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 9.67 million compared to USD 11.69 million a year ago. Net income was USD 0.311714 million compared to net loss of USD 1.51 million a year ago. Basic earnings per share from continuing operations was USD 0.001 compared to basic loss per share from continuing operations of USD 0.006 a year ago.
For the six months, sales was USD 18.89 million compared to USD 21.82 million a year ago. Net income was USD 0.960773 million compared to net loss of USD 2.53 million a year ago. Basic earnings per share from continuing operations was USD 0.004.
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.
SCIENTIFIC ENERGY, INC. 
