DSwiss, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 15, 2023 at 06:42 am EDT
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DSwiss, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 0.265921 million compared to USD 0.447637 million a year ago. Net loss was USD 0.016923 million compared to net income of USD 0.030908 million a year ago.
Basic loss per share from continuing operations was USD 0.0001 compared to basic earnings per share from continuing operations of USD 0.0001 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.