Ajia Innogroup Holdings, Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2023
May 22, 2023 at 09:42 am
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Ajia Innogroup Holdings, Ltd. reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported sales was USD 0.021518 million compared to USD 0.027121 million a year ago. Net loss was USD 0.170358 million compared to USD 0.041903 million a year ago.
For the nine months, sales was USD 0.275945 million compared to USD 0.08805 million a year ago. Net loss was USD 0.272387 million compared to USD 0.138304 million a year ago.
Ajia Innogroup Holdings Ltd. is a holding company that operates its business in Hong Kong through its subsidiaries. The Company is solely focused on promotion of its catering, services and total solutions for restaurants in Asia. The Company's subsidiaries include Splendor Radiant Limited, which is engaged in the investment holding business; Ajia Creative Holdings Limited, which is engaged in the provision of food and beverage sales system setup and maintenance service, and Ajia Corporate Systems Architecture Solution Limited, which is engaged in the provision of money lending, insurance brokerage and business development trustee service. The Company is also looking for opportunities to inject certain businesses of restaurants and fast food shop.