SEGMENT REPORTING

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

SEGMENT REPORTING

NOTE 4 – SEGMENT REPORTING

Currently, the Company has two reportable business segments:

(i)	Healthcare Segment, mainly provides health consulting advisory services and healthcare and wellness products to the customers; and
(ii)	Wine Segment, mainly provides the wine products to the customers.

In the following table, revenue is disaggregated by primary major product line, including a reconciliation of the disaggregated revenue with the reportable segments.

	Three months ended June 30, 2024
	Healthcare Segment			Wine Segment			Total
Revenue from external customers:
Sale of healthcare products	$	3,128		$	-		$	3,128
Sale of wine products		-			623			623
Total revenue		3,128			623			3,751
Cost of revenue:
Sale of healthcare products		(1,141	)		-			(1,141	)
Sale of wine products		-			(325	)		(325	)
Total cost of revenue		(1,141	)		(325	)		(1,466	)
Gross profit		1,987			298			2,285
Operating expenses:
Selling and distribution		-			(51	)		(51	)
General and administrative		(22,819	)		(88,208	)		(111,027	)
Total operating expenses		(22,819	)		(88,259	)		(111,078	)
Segment loss	$	(20,832	)	$	(87,961	)	$	(108,793	)

	Three months ended 30 June, 2023
	Healthcare Segment			Wine Segment			Total
Revenue from external customers:
Sale of healthcare products	$	665		$	-		$	665
Sale of wine products		-			6,175			6,175
Total revenue		665			6,175			6,840
Cost of revenue:
Sale of healthcare products		(297	)		-			(297	)
Sale of wine products		-			(1,241	)		(1,241	)
Total cost of revenue		(297	)		(1,241	)		(1,538	)
Gross profit		368			4,934			5,302
Operating expenses:
Selling and distribution		-			(930	)		(930	)
General and administrative		(92,536	)		(45,789	)		(138,325	)
Total operating expenses		(92,536	)		(46,719	)		(139,255	)
Segment loss	$	(92,168	)	$	(41,785	)	$	(133,953	)

	Six months ended June 30, 2024
	Healthcare Segment			Wine Segment			Total
Revenue from external customers:
Sale of healthcare products	$	3,128		$	-		$	3,128
Sale of wine products		-			24,489			24,489
Total revenue		3,128			24,489			27,617
Cost of revenue:
Sale of healthcare products		(1,141	)		-			(1,141	)
Sale of wine products		-			(6,300	)		(6,300	)
Total cost of revenue		(1,141	)		(6,300	)		(7,441	)
Gross profit		1,987			18,189			20,176
Operating Expenses
Selling and distribution		-			(4,999	)		(4,999	)
General and administrative		(22,819	)		(178,652	)		(201,471	)
Total operating expenses		(22,819	)		(183,651	)		(206,470	)
Segment loss	$	(20,832	)	$	(165,462	)	$	(186,294	)

	Six months ended June 30, 2023
	Healthcare Segment			Wine Segment			Total
Revenue from external customers:
Sale of healthcare products		770			-			770
Sale of wine products		-			18,275			18,275
Total revenue		770			18,275			19,045
Cost of revenue:
Sale of healthcare products		(352	)		-			(352	)
Sale of wine products		-			(10,683	)		(10,683	)
Total cost of revenue		(352	)		(10,683	)		(11,035	)
Gross profit		418			7,592			8,010
Operating Expenses
Selling and distribution		-			(3,258	)		(3,258	)
General and administrative		(155,195	)		(91,722	)		(246,917	)
Total operating expenses		(155,195	)		(94,980	)		(250,175	)
Segment loss	$	(154,777	)	$	(87,388	)	$	(242,165	)

The revenues are based on the countries in which the customer is located. For the three and six months ended June 30, 2024 and 2023, all revenues reported are derived from customers located in China.