Aixin Life International, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
April 01, 2021 at 06:52 am
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AiXin Life International, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was USD 2.451 million compared to USD 3.418 million a year ago. Operating income was USD 794,460 compared to USD 759,931 a year ago. Net income was USD 1.017 million compared to USD 1.894 million a year ago. Basic earnings per share from continuing operations was USD 0.016 compared to USD 0.025 a year ago.
AiXin Life International Inc, formerly Mercari Communications Group Ltd, is a holding company mainly engaged in the provision of health and wellness products. The Company operates its business through four segments, Products, Pharmacies, Hotel, and Manufacture and Sales. The Company mainly develops, manufactures, markets and sells healthcare, nutritional products and wellness supplements, including herbs and greens, traditional Chinese remedies, functional products, such as weight management products, probiotics, foods and drinks. The Companyâs hotel business includes rental of rooms, food and beverage sales and other ancillary goods and services, including but not limited to souvenir, parking and conference reservations. The Company also provide advertising and marketing services.