Avalon Acquisition Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 29, 2022 at 09:01 pm
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Avalon Acquisition Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net income was USD 3.22 million.
For the six months, net income was USD 6.88 million compared to net loss of USD 0.00045 million a year ago.
Avalon Acquisition Inc. is a blank check company. The Company is created for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. The Company is focuses on financial services and financial technology industries. The Company has no operations and has not generated revenues.