Makingorg, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 16, 2020 at 10:06 pm
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MakingORG, Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was USD 29,532 compared to USD 231,580 a year ago. Operating loss was USD 44,278 compared to USD 41,866 a year ago. Net loss was USD 61,711 compared to USD 64,944 a year ago. Basic loss per share from continuing operations was USD 0.002 compared to USD 0.002 a year ago. For the nine months, sales was USD 161,059 compared to USD 264,644 a year ago. Operating loss was USD 45,072 compared to USD 327,678 a year ago. Net loss was USD 109,371 compared to USD 389,078 a year ago. Basic loss per share from continuing operations was USD 0.003 compared to USD 0.011 a year ago.
MakingORG, Inc. is engaged in selling Acer truncatum bunge related health product in the United States and Peopleâs Republic of China (PRC). The Company and its subsidiaries are principally focused on purchasing Acer truncatum bunge seed oil from China. The Company outsources to third parties to manufacture Acer truncatum bunge related health product, such as nervonic acid oil, coffee and tea, and it sells these products to end users and distributors. The Companyâs wholly owned subsidiaries include HK Feng Wang Group Limited (HKFW) and Chongqing Beauty Kenner Biotechnology Co., Ltd (CBKB).