Puhui Wealth Investment Management Co. Ltd. Announces Financial Results for the Six Months Ended December 31, 2018
Puhui Wealth Investment Management Co., Ltd. - Ordinary Shares (PHCF)
Company Research
Source: PR Newswire
Highlighted by Increased Revenues and High Net Worth Clientele BEIJING, June 20, 2019 /PRNewswire/ -- Puhui Wealth Investment Management Co., Ltd. (Nasdaq: PHCF) ("Puhui" or the "Company"), a third-party wealth management service provider with a focus on wealth management services for high net worth ("HNW") individuals and corporate clients, today announced its financial results for the six months ended December 31, 2018. The Company also filed these results on Form 6-K with the Securities and Exchange Commission, which can be viewed at www.sec.gov. All amounts in this press release are in USD unless otherwise noted.Financial and Operating HighlightsTotal revenues for the six months ended December 31, 2018 were approximately $1.9 million, a 148.1% increase from the same period in 2017. The Company continues to add incremental HNW clientele, with new HNW clients transacting with Puhui totaling 92 for the six months ended December 31, 2018. Following Puhui's completion of its December
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