Scientific Energy, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 07:01 pm IST
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Scientific Energy, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced operating loss was USD 132,800 compared to USD 87,420 a year ago. Net loss was USD 135,414 compared to USD 87,855 a year ago. Basic loss per share was USD 0.001 compared to USD 0.001 a year ago. For the nine months, operating loss was USD 408,225 compared to USD 220,903 a year ago. Net loss was USD 413,311 compared to USD 221,628 a year ago. Basic loss per share was USD 0.004 compared to USD 0.002 a year ago.
Scientific Energy, Inc. is a mobile platform for ordering and delivery services for restaurants or other merchants. The Company operates in Macau and its businesses are built on its platform, Aomi App (the Platform). The Platform connects restaurants/merchants with consumers and delivery riders. It offers customers access to the Platform primarily through its mobile applications designed for iPhone, Android, and iPad devices. In addition to food, customers can also order grocery and other non-food merchandise through its Platform, Aomi Supermarket, such as fruits and vegetables, meat, poultry, eggs and milk, seafood and aquatic products, grain, oil, seasoning, snacks, beverages and other groceries. The Platform allows customers to direct delivery riders to purchase the desired merchandise at the Aomi Supermarket and deliver to them. The Company's subsidiaries include Macao E-Media Development Company Limited, a Macau Company and Gold Gold Gold Limited (3G), a Hong Kong company.
SCIENTIFIC ENERGY, INC. 
