Gushen, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended June 30, 2022
August 22, 2022 at 12:24 pm EDT
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Gushen, Inc. reported earnings results for the third quarter and nine months ended June 30, 2022. For the third quarter, the company reported sales was USD 0.965542 million compared to USD 0.033369 million a year ago. Net loss was USD 0.48286 million compared to USD 1.67 million a year ago. Basic loss per share from continuing operations was USD 0.001 compared to USD 0.004 a year ago.
For the nine months, sales was USD 1.51 million compared to USD 1.31 million a year ago. Net loss was USD 2.45 million compared to USD 6.24 million a year ago. Basic loss per share from continuing operations was USD 0.006 compared to USD 0.015 a year ago.
Gushen, Inc. is a holding company. The Company through, Beijing Zhuoxun Century Culture Communication Co., Ltd. (Zhuoxun Beijing), delivers onsite educational services to parents through its nationwide physical network of regional collaborative education agencies. Zhuoxun Beijing's onsite educational services include programs, such as individual development, youth leadership development, and parenting schools, enabling in-person guidance and interactions in classes. In addition, Zhuoxun Beijing also provides online education to parents through their mobile application, Wisdom Lighthouse. Zhuoxun Beijing's products provide two sets of curricula, such as Good Parentig and Wise Parents. Good Parenting is focused on child development, provides courses, including emotional intelligence (EQ) training, learning habits, learning ability, and others. Wise Parents introduces general strategies of family education to parents. It also sells household products through its application.