King Resources, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2022
November 14, 2022 at 06:22 pm
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King Resources, Inc. reported earnings results for the second quarter and six months ended September 30, 2022. For the second quarter, the company reported sales was USD 0.002872 million compared to USD 0.064332 million a year ago. Net loss was USD 0.592078 million compared to USD 0.005605 million a year ago.
For the six months, sales was USD 0.162189 million compared to USD 0.064332 million a year ago. Net loss was USD 0.774037 million compared to USD 0.057589 million a year ago.
King Resources, Inc. is a holding company. The Company, through its subsidiaries, is engaged primarily in the development of smart power supply solutions as well as lifestyle products in Hong Kong. The Company has five wholly owned subsidiaries, OneSolution Holdings Limited (OSH), Powertech Management Limited (Powertech), Powertech Corporation Limited (Powertech Corp), OneSolution Management Limited (OSM) and OneSolution Innotech Limited (OSIL). Powertech Corp is focused on research and development solutions, sales of its own brand smart power supply products and development of Internet of things (IoT) products across its smart home, smart office and smart fitness ecosystem. OSIL is engaged in selling lifestyle products. OSIL acts as the distributor of five brands, namely Aqigo, Brusheva, Qivation, Paudin, and Team Cuisine. It provides solutions for other companies who are in the fields of developing high power, high voltage power supply and wireless charging technologies.
KING RESOURCES, INC. 
