AiXin Life International, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 01:53 pm EST
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AiXin Life International, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 0.074265 million compared to USD 0.071562 million a year ago. Revenue was USD 1.07 million compared to USD 0.672786 million a year ago. Net loss was USD 0.438156 million compared to USD 4.37 million a year ago. Basic loss per share from continuing operations was USD 0.018 compared to USD 0.175 a year ago.
For the nine months, sales was USD 0.473167 million compared to USD 0.166278 million a year ago. Revenue was USD 3.3 million compared to USD 1.51 million a year ago. Net loss was USD 1.07 million compared to USD 5.85 million a year ago. Basic loss per share from continuing operations was USD 0.043 compared to USD 0.234 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. 
