Makingorg, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 19, 2020 at 03:33 pm IST
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MakingORG, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was USD 10,780 compared to USD 33,064 a year ago. Operating loss was USD 38,032 compared to USD 146,979 a year ago. Net loss was USD 60,701 compared to USD 166,544 a year ago. Basic loss per share from continuing operations was USD 0.002 compared to USD 0.005 a year ago. For the half year, sales was USD 131,527 compared to USD 33,064 a year ago. Operating loss was USD 795 compared to USD 285,812 a year ago. Net loss was USD 47,660 compared to USD 324,134 a year ago. Basic loss per share from continuing operations was USD 0.001 compared to USD 0.009 a year ago.
MakingORG, Inc. is engaged in selling Acer truncatum bunge related health product in the United States and Peopleâs Republic of China (PRC). The Company and its subsidiaries are principally focused on purchasing Acer truncatum bunge seed oil from China. The Company outsources to third parties to manufacture Acer truncatum bunge related health product, such as nervonic acid oil, coffee and tea, and it sells these products to end users and distributors. The Companyâs wholly owned subsidiaries include HK Feng Wang Group Limited (HKFW) and Chongqing Beauty Kenner Biotechnology Co., Ltd (CBKB).