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Business Segments
12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
BUSINESS SEGMENTS

NOTE 14 – BUSINESS SEGMENTS

 

The revenues and cost of goods sold from operation consist of the following:

 

   Revenues   Cost of Sales 
   For the Years Ended   For the Years Ended 
   December 31,   December 31,   December 31,   December 31, 
   2019   2018   2019   2018 
Fertilizer  $12,178,231   $12,054,335   $6,742,300   $6,577,557 
Agricultural products (food) sales   704,019    1,150,689    803,880    1,082,469 
Total  $12,882,250   $13,205,024   $7,546,180   $7,660,026 

 

The two segments are the fertilizer business and foods products. Fertilizer and food products contributed approximately 94.5% and 5.5% of sales revenue, and 89.4% and 10.6% of cost of revenue, respectively for the year ended December 31, 2019.