Hometown International, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 06, 2021 at 01:40 pm EDT
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Hometown International, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 6,288. Operating loss was USD 111,467 compared to USD 176,444 a year ago. Net loss was USD 110,000 compared to USD 178,015 a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.02 a year ago. For the half year, sales was USD 11,593 compared to USD 3,577 a year ago. Operating loss was USD 285,125 compared to USD 253,806 a year ago. Net loss was USD 280,254 compared to USD 262,706 a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.04 a year ago.
Makamer Holdings, Inc. is a bioplastic technologies company. The Company specializes in the development of hemp-based polymers that are fully composable within four months and leave no trace toxins or microplastics behind. The Companyâs proprietary hemp-based resin was developed in order to provide alternatives to non-compostable food packaging materials on the market. Its resin can be utilized to produce a range of products that would replace polyethylene plastic bags, polypropylene cups, recycled polyethylene terephthalate (rPET) water bottles, and many other products. The Company through its wholly owned subsidiary, Your Hometown Deli, LLC (Your Hometown Deli), operates a delicatessen store that features home-style sandwiches and other entrees in a casual and friendly atmosphere. The store is designed to offer local patrons of all ages with a comfortable community gathering places.
HOMETOWN INTERNATIONAL, INC. 
