Scientific Energy, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 20, 2024 at 04:00 pm
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Scientific Energy, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 10.4 million compared to USD 9.22 million a year ago. Net income was USD 0.416225 million compared to USD 0.649059 million a year ago.
Basic earnings per share from continuing operations was USD 0.001 compared to USD 0.002 a year ago. Diluted earnings per share from continuing operations was USD 0.001 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. 
