MDJM LTD Reports Financial Results For The First Six Months of Fiscal Year 2019
MDJM LTD - Ordinary Shares (MDJH)
Company Research
Source: GlobeNewswire
TIANJIN, China, Sept. 12, 2019 (GLOBE NEWSWIRE) -- MDJM LTD (Nasdaq: MDJH) (the “Company” or “MDJH”), an emerging, integrated real estate services company in China, today announced its financial results for the first six months of fiscal year 2019 ended June 30, 2019. Mr. Siping Xu, Chairman and Chief Executive Officer of the Company, commented, “In the first half of fiscal year 2019, our revenue grew faster than that in the same period in fiscal year 2018, in fact revenue in the first half of fiscal year 2019 was almost the same as the income for the entire fiscal year 2018. Although the Company recorded a net loss in the first half of fiscal year 2019, we entered into additional real estate agency services contracts which we believe could lead the Company to additional revenues and profits.” Financial Highlights for the First Six Months of Fiscal Year 2019 ?Revenue was US$2.23 million, an increase of US$1.54 million, or 225%, from US$0.69 million for the same period last y
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