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AB INTL GROUP Reports of Financial Results for period ending May 31, 2024 and achieved Net Profitability
NEW YORK, Aug. 12, 2024 (GLOBE NEWSWIRE) -- AB International Group Corp. (OTC:ABQQ), an intellectual property (IP) and movie investment and licensing firm, announces its financial results for the period ended May 31, 2024. The financial results have been filed in a 10-Q with the U.S. Securities and Exchange Commission (the "SEC").
Key Financial Highlights:
Revenues for the three months ended May 31, 2024, increased 22% to $698,311, as compared to $573,389 for the three months ended May 31, 2023.
Net income for the three months ended May 31, 2024, to the amount of $133,034, as compared with a net loss of $647,743 for the three months ended May 31, 2023.
Revenues for the nine months ended May 31, 2024, increased 70% to $1,885,311, as compared to$1,108,640 for the nine months ended May 31, 2023.
Net loss for the nine months ended May 31, 2024, reduced 89% to the amount of $318,285, as compared with a net loss of $2,926,072 for the nine months ended May 31, 2023.
The Company wishes to inform the Shareholders and potential investors ...