Oliveda International, Inc. Announces Financial Results for the Third Quarter and Nine Months Ended September 30, 2019; and Provides Financial Guidance for 2019
November 06, 2019 at 08:45 am EST
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Oliveda International, Inc. announced financial results for the third quarter and nine months ended September 30, 2019. For the third quarter, income reached $1,218,133, as compared to $893,863 for the third quarter of 2018, an increase of 36%.
For the nine months, income was $3,548,982, an increase of almost $1 million over the corresponding nine-month period in 2018, when income was $2,594,908. The total income for the first three quarters of 2019 has also already exceeded the total income of $3,479,278 for the entire 2018 fiscal year.
For 2019, the company expected to meet or exceed its projected income increase for 2019 by the end of the calendar year.
Oliveda International, Inc. is an olive tree beauty company and the pioneer in waterless skincare. The Company has developed an olive tree frequency technology to reconnect people with their own nature. Through the subsidiary, Olive Tree People Inc., the Company owns the brands Oliveda, LA Dope, Olive Re:connected, and OliveMush. Under the brand name Oliveda, the Company sells a complete line of face, body, and hair products, as well as inside products, supplements and other products that are meant to be consumed for holistic health benefits. Its products lines include facial washes, serums, eye care products, facial oils, washes, body oils, hand and foot care, bathing products, shampoos and conditioners, extra virgin olive oil, elixirs, shots, mouth oil cures, Orac and Camu Camu concentrate, Tea Olive Matcha, and others. LA Dope combines Cannabidol (CBD) and olive tree extracts to make various cosmetic and holistic health product lines, such as elixirs, face creams, and body oils.
Oliveda International, Inc. Announces Financial Results for the Third Quarter and Nine Months Ended September 30, 2019; and Provides Financial Guidance for 2019
OLIVEDA INTERNATIONAL, INC. 