For the first half of 2020, total revenues decreased by $7.76 million, or 96.5%, to $0.28 million from $8.04 million as compared with the same period of the prior year. Revenue consists of the invoiced value for the sales, net of value-added tax ("VAT"), business tax, and applicable local government levies. Historically, the Company generated its revenues from product sales, mainly including sales for pet chews, dried pet snacks and wet canned pet foods in overseas markets, domestic markets and through its e-commerce platform. Net loss was $0.6 million, or loss per share of $0.01, for the first half of 2020, compared to net loss of $1.67 million, or loss per share of $0.14, for the same period of the prior year.The operating loss was mainly due to the gross loss combined with the declined business scale. Operating loss was $0.97 million for the first half of 2020, compared to operating loss of $1.24 million for the same period of the prior year.Gross loss was $ 0.07 million for the first half of 2020, compared to gross profit of $0.69 million for the same period of the prior year.The decrease in total revenues was mainly due to reduced sales orders when we temporarily closed our facilities in response to the outbreak and spread of the COVID-19 pandemic. Revenues decreased by 96.5% to $0.28 million for the first half of 2020.Net loss attributable to common stockholders
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