Puhui Wealth Investment Management Co., Ltd. Announces Unaudited Consolidated Earnings Results for the Six Months Ended December 31, 2018
June 21, 2019 at 02:47 am IST
Puhui Wealth Investment Management Co., Ltd. announced unaudited consolidated earnings results for the six months ended December 31, 2018. For the six months, the company reported total revenues increased by 148.1% to $1.9 million for the six months ended December 31, 2018, from $752,495 in the prior year six month period. The overall increase was mainly due to high-net-worth clients investing in equity investments in entities that invest in U.S. publicly listed companies. Loss from operations was $655,523 against $1,278,632 a year ago. Net loss was $746,015 against $1,028,154 a year ago. Basic and diluted loss per share was $0.046 against $0.082 a year ago.