Advanced Oxygen Technologies, Inc. Reports Earnings Results for the Second Quarter Ended December 31, 2018
January 16, 2019 at 05:25 pm
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Advanced Oxygen Technologies, Inc. announced earnings results for the second quarter ended December 31, 2018. For the second quarter, the company announced total revenue was USD 9,488 compared to USD 9,930 a year ago. Operating income was USD 5,673 compared to USD 6,704 a year ago. Net income was USD 2,774 compared to USD 3,462 a year ago. Basic earnings per share from continuing operations was USD 0.0011 compared to USD 0.0015 a year ago. Diluted earnings per share from continuing operations was USD 0.0012 compared to USD 0.0015 a year ago. For the half year, total revenue was USD 19,161 compared to USD 19,634 a year ago. Operating income was USD 7,485 compared to USD 6,924 a year ago. Net income was USD 5,463 compared to USD 340 a year ago. Basic earnings per share from continuing operations was USD 0.0024 compared to USD 0.0001 a year ago.
Advanced Oxygen Technologies, Inc. operates through its wholly owned subsidiaries, Anton Nielsen Vojens, ApS (ANV), Sharx Inc. and Sharx DK ApS (Sharx). The Companyâs segments include ANV lease and Sharxâs. The ANV lease segment which leases land in Denmark by long term leases. The Sharxâs segment which generate commissions for the sale cargo security products. ANV is a Danish company, which owns commercial real estate in Vojens, Denmark. Sharx Inc. is a Wyoming corporation, and its operations are derived from its wholly owned subsidiary Sharx DK ApS. Sharx DK ApS is a Danish company, which is a distributor of products for Cleaver ApS, a Danish corporation (Cleaver). Cleaver is a manufacturer of a line of products for the logistics and cargo industry.
ADVANCED OXYGEN TECHNOLOGIES, INC. 
