Advanced Oxygen Technologies, Inc. Reports Earnings Results for the First Quarter Ended September 30, 2019
November 12, 2019 at 07:46 am EST
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Advanced Oxygen Technologies, Inc. announced earnings results for the first quarter ended September 30, 2019. For the first quarter, the company announced total revenue was USD 9,329 compared to USD 9,673 a year ago. Operating loss was USD 109,886 compared to operating Income of USD 1,812 a year ago. Net loss was USD 112,546 compared to net income of USD 2,689 a year ago. Basic loss per share from continuing operations was USD 0.0473 compared to basic earnings per share from continuing operations of USD 0.0011 a year ago.
Advanced Oxygen Technologies, Inc. operates through its wholly owned subsidiaries, Anton Nielsen Vojens, ApS (ANV), Sharx Inc. and Sharx DK ApS (Sharx). The Companyâs segments include ANV lease and Sharxâs. The ANV lease segment which leases land in Denmark by long term leases. The Sharxâs segment which generate commissions for the sale cargo security products. ANV is a Danish company, which owns commercial real estate in Vojens, Denmark. Sharx Inc. is a Wyoming corporation, and its operations are derived from its wholly owned subsidiary Sharx DK ApS. Sharx DK ApS is a Danish company, which is a distributor of products for Cleaver ApS, a Danish corporation (Cleaver). Cleaver is a manufacturer of a line of products for the logistics and cargo industry.
ADVANCED OXYGEN TECHNOLOGIES, INC. 
