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United World Holding Group Ltd (PK:UWHGF)

Business Focus: Exhibition & Conference Services

Sector:  Industrials Industry:  Business Support Services
 
Company Contact
Address: 48 Guang'an Men South Street
Building N0. 1, Suite 4008
BEIJING BEJ 100006
Tel: N/A
Website: N/A
IR: N/A
Key People
Hong Wang
Chief Executive Officer, Chief Financial Officer, Sole Director
   
Business Overview
United World Holding Group Ltd. is a China-based company which is mainly engaged in the business of event planning and bed and breakfast (B&B) lodging. The Company provides personalized event planning services and helps design and organize events that reflect Chinese culture and family heritage. The Company designs and organizes Han-style weddings, receptions and anniversaries. The Company provides a line of services, such as wedding planning, site setting, costume designing, lighting and photography, master of ceremonies (MC) hosting, wedding album, film production and honeymoon planning.
Financial Overview
For the fiscal year ended 31 December 2021, United World Holding Group Ltd revenues decreased 63% to $376K. Net loss increased from $442K to $3.9M. Revenues reflect Service Revenue - related parties decrease from $374K to $0K, Service Revenue - third parties decrease of 41% to $376K. Higher net loss reflects General and administrative increase from $675K to $3.8M (expense).