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Dswiss Inc  (DQWS)
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EARNINGS REPORT by CSIMarket

Break-even, Sales more than Double

Dswiss Inc announced first quarter 2020 operating profit of $0.548954 millions

wash_down_pdFor the first quarter 2020 Dswiss Inc reached break-even of $0.00 per share compare to $0.00 a year ago and from $-0.00 per share from the previous quarter.

Sales increased sharply to $1 millions from $0 millions in the same quarter a year ago and sequentially from $0 millions.



Company achieved net income of $0.015 millions in the first quarter 2020 an improvement versus a net loss of $-0.112 millions in the same quarter a year ago. Although operating margin fell to 104.06%, in the first quarter 2020, the company's net margin actually improved to 2.83%.


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Turn into Profitability, Sales very Strong

For the first quarter 2020 Dswiss Inc reached break-even of $0.00 per share compare to $0.00 a year ago and from $-0.00 per share from the previous quarter.

Sales increased sharply to $1 millions from $0 millions in the same quarter a year ago and sequentially from $0 millions.

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New Orders fell off the Cliff in March

Sharp drop in new orders for manufacturing sector, raises fresh worries about the state of U.S. economy, shipments fell as well, at the rate of -4.53 % to $241 billions.

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Turn into Profitability, Revenues Down

In the first quarter Genesis Healthcare Inc turn a round of $0.24 per share compared to $-0.15 a year ago and EPS turn positive from $-0.04 per share from the previous quarter.

Sales declined by -5.97% to $1.09 billions from $1.16 billions in the same quarter a year ago and sequentially Sales decreased by -3.8% from $1.14 billions.

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The fourth quarter earnings vanished, due to hefty $0.79 million tax charge, resulting in $-0.01 loss per share

The fourth quarter earnings vanished, due to hefty $0.79 million tax charge, resulting in $-0.01 loss per share

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Deficit Bigger Than a Year Ago but Revenues Unchanged

In the fourth quarter Cannapharmarx Inc loss increased of $-0.26 per share compared to $-0.11 a year ago and improved from $-0.27 per share from the previous quarter.

Sales remained unchanged to $0.00 millions from $0.00 millions in the same quarter a year ago and sequentially from $0.00 millions.

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Factory Orders (Picture Autor: Wolfgang Meinhart) licence GNU Factory Orders

New orders dropped

Booking continued to fell after last month decrease of -0.22%, due to higher machinery orders.

dollar-1175048_960_720 Gross Domestic Product

U.S. Economy contracted by -4.8 % in the first-quarter

The Gross domestic product, the measurement of the nations output declined in the first-quarter, as consumer spending, investments and exports play major role in the decline.

factory_night_long_exposure_industry_power_industrial_energy_global-589754 Industrial production

The output of the nation's factories, mines and utilities fell in March by -5.9 %

Fed reported declining U.S. Industrial production in March, as the demand for industrial goods softens.

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Company's earnings faded on asset impairments of $48.63 million in the fourth quarter

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Columbus Mckinnon Corp announced fourth quarter operating profit of $16.664 millions

In the fourth quarter company reported soft top and bottom-line results, where earnings per share plummeted by -52.66% and revenue by -12.57% year on year. Revenue were to $189.49 millions compared to $216.73 millions eps at $0.39 compared to $0.82 in same quarter a year ago.

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Earnings helped by tax benefit

A $143.80 million tax benefit, helped Logitech International S A to post $1.26 eps in the fourth quarter

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V F Corp see it's fourth quarter results, effected by $323.22 million impairment of assets, company reports $-1.22 loss per share.

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Loss on Weak Sales

In the fourth quarter Ralph Lauren Corporation slipped into loss of $-3.31 per share compared to $0.40 a year ago and eps fell from $4.41 per share from the previous quarter.

Sales declined in double digits by -15.38% to $1.27 billions from $1.51 billions in the same quarter a year ago and sequentially Sales fell by -27.22% from $1.75 billions.

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In the first quarter New Century Resources Corporation reached break-even of $0.00 per share compared to $0.00 a year ago and from $-0.00 per share from the previous quarter.

Sales remained unchanged to $0.00 millions from $0.00 millions in the same quarter a year ago and sequentially from $0.00 millions.

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Other DQWS's Earnings Reports

Dswiss Inc reported fourth quarter 2019 earnings

Dswiss Inc reported third quarter 2019 earnings

Dswiss Inc reported second quarter 2019 earnings

             
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