Scientific Energy, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 16, 2020 at 06:46 pm IST
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Scientific Energy, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced operating loss was USD 120,292 compared to USD 132,800 a year ago. Net loss was USD 123,077 compared to USD 135,414 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 379,305 compared to USD 408,225 a year ago. Net loss was USD 387,660 compared to USD 413,311 a year ago. Basic loss per share was USD 0.003 compared to USD 0.004 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. 
