DSwiss, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 06:33 am EDT
Share
DSwiss, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 0.355274 million compared to USD 0.739595 million a year ago. Net loss was USD 0.012003 million compared to USD 0.010856 million a year ago. Basic loss per share from continuing operations was USD 0.0001 compared to USD 0.00007 a year ago.
For the six months, sales was USD 0.621195 million compared to USD 1.19 million a year ago. Net loss was USD 0.028926 million compared to net income of USD 0.020052 million a year ago. Basic loss per share from continuing operations was USD 0.00001.
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.