Resort Savers, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 15, 2019 at 12:03 am IST
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Resort Savers, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was USD 72,818 compared to USD 10.231 million a year ago. Operating loss was USD 124,281 compared to operating Income of USD 503,937 a year ago. Net loss was USD 121,901 compared to net income of USD 399,289 a year ago. Basic loss per share from continuing operations was USD 0.02 compared to basic earnings per share from continuing operations of USD 0.08 a year ago. For the nine months, sales was USD 22.943 million compared to USD 15.013 million a year ago. Operating income was USD 362,520 compared to USD 472,304 a year ago. Net income was USD 145,827 compared to USD 269,485 a year ago. Basic earnings per share from continuing operations was USD 0.03 compared to USD 0.06 a year ago.
Phoenix Rising Companies makes investments and acquisitions into various markets and industries across the world. The Company is principally engaged in the trading of oil, gas and lubricant. The Companyâs subsidiaries include Xing Rui International Investment Holding Group Co., Ltd., Xing Rui International Investment Group Ltd., Huaxin Changrong (Shenzhen) Technology Service Co., Ltd., and Beijing Yandong Tieshan Oil Products Co., Ltd. (Tieshan Oil). Tieshan Oil is engaged acquiring a variety of chemical products and compounds that are extracted and processed from crude oil and hydrocarbons. Its Tieshan Oil acts as an intermediary broker of methyl tert-butyl ether, mineral oil, paraffin oil, petrolatum liquids, alcohol based liquid fuel, trimethylpentane, pentane foamer, natural gasoline, xylene dimethylbenzene, aromatics solvent, and other chemical products and compounds.
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