America Great Health quarterly net loss widens to $166,216; sales fall to $26,143
Reuters2026/08/06 22:17Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- America Great Health posted a net loss of $166,216 for the quarter ended March 31, 2026, widening from a net loss of $158,377 a year earlier.
- Sales fell 53.44% to $26,143, citing the absence of major wholesale accounts in U.S. markets.
- Operating expenses declined 28.73% to $96,308, driven by lower payroll, auditing, and professional costs.
- For the nine months ended March 31, 2026, net income turned to $861,105 from a net loss of $499,046, helped by a $1.4 million non-recurring gain on debt extinguishment recognized in the prior quarter.
- Cash was $29,346 at March 31, 2026, with management citing substantial doubt about going concern and plans to raise additional capital.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. America Great Health published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001185185-26-003308), on August 06, 2026, and is solely responsible for the information contained therein.
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