Kiwa Bio-Tech Products Group Corp (fka KWBT)

[Mick Tenbagger]

In 2016, they sold around 55.000 tons of bio fertilizers, which was equal to almost 9 million $ in revenues.

So if they now sold 16.000 tons, according to their latest news release, the revenues should be around 2.600.000 $ in the first quarter! This is a very good result, as the first quarter of a year is traditionally not a strong period for selling fertilizers.

Very good result! And very encouraging for the next quarters! They will have much higher revenues this year, as in first half year of 2016, they had zero revenues!