AiXin Life International, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 18, 2023 at 10:43 am EDT
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AiXin Life International, 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 0.221643 million compared to USD 0.063723 million a year ago. Revenue was USD 1.48 million compared to USD 0.420887 million a year ago. Net loss was USD 0.097546 million compared to USD 0.728269 million a year ago. Basic loss per share from continuing operations was USD 0.004 compared to USD 0.029 a year ago.
For the six months, sales was USD 0.398902 million compared to USD 0.094716 million a year ago. Revenue was USD 2.23 million compared to USD 0.839565 million a year ago. Net loss was USD 0.62733 million compared to USD 1.48 million a year ago. Basic loss per share from continuing operations was USD 0.025 compared to USD 0.059 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. 
