Scientific Energy, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 06:12 am EDT
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Scientific Energy, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced operating loss was USD 138,366 compared to USD 144,117 a year ago. Net loss was USD 141,151 compared to USD 145,345 a year ago. Basic loss per share from continuing operations was USD 0.001 compared to USD 0.001 a year ago. For the half year, operating loss was USD 259,013 compared to USD 275,425 a year ago. Net loss was USD 264,583 compared to USD 277,897 a year ago. Basic loss per share from continuing operations was USD 0.002 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. 
