Dswiss, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 15, 2020 at 12:20 am IST
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DSwiss, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was USD 220,910 compared to USD 24,428 a year ago. Net income was USD 8,276 compared to net loss of USD 91,052 a year ago. For the half year, sales was USD 748,452 compared to USD 43,240 a year ago. Net loss was USD 689 compared to USD 202,990 a year ago.
DSwiss, Inc. is a biotech nutraceutical company that offers healthcare, skincare, and personal care products. The Company sells medical consumable supplies, food supplements, skincare, and other related beauty products in Malaysia and around the ASEAN region. The Company is a turnkey private label manufacturing services provider for nutraceutical and skincare/personal care original design manufacturer (ODM)/ original equipment manufacturer (OEM) products. It provides ODM/OEM services ranging from research and development of custom formulation, manufacturing and production, packaging and shipping including import and export and all licenses needed. It also provides lab testing and quality control services. Its products and formulations include functional food, skincare, personal care and pet-care. Its personal care products include cosmetics, shower gel and lotion. It provides food supplement in different forms such as chewable tablets, jellies, teabags, capsules and gummies.