During the quarter, revenue was 88% higher at $20.3 million from $10.8 million a year ago, mainly due to sales to Shanghai YiGuo E-Commence and its related companies. The sales to Yiguo constituted 70% of the group's revenue.
SINGAPORE (Feb 14): SunMoon Food Company announced that its 3Q19 losses have widened 58% to $1.85 million, compared to $1.29 million in 3Q18.
This brings 9M19 losses to $3.35 million, compared to earnings of $1.08 million in 9M18.
