CLAREMONT, CA– (August 18, 2016) – Kiwa Bio-Tech Products Group Corporation (OTC: KWBT). On August 18, 2016 Kiwa Bio-Tech Products Group Corporation (“Kiwa”) reported its operating results for its second quarter ended June 30, 2016. For the second quarter, Kiwa reported revenue of $443,085 and net income of $181,975. For the first six months of fiscal 2016, Kiwa reported revenue of $710,095 and net income of $238,105.
Kiwa’s Acting President, Ms. Yvonne Wang, stated that “We are pleased to see that Kiwa has achieved revenue growth and profitability and is meeting or exceeding its business goals. We will strive to achieve continued growth in the foreseeable future.”