OriginClear, Inc. Confirms In Its 2016 Annual Report Revenue Growth Of Over 430% And Gross Profit Increase Of Over 1,200%
1:08 PMApril 4, 2017Revenue growth and cost management reduced 2016 operating losses by nearly 50% over 2015. PR Newswire LOS ANGELES, April 4, 2017, OCLN, LOS ANGELES, April 4, 2017 /PRNewswire/ — OriginClear Inc. (OTC/QB: OCLN), a leading provider of water treatment solutions, today commented on its Annual Report for 2016, confirming its previous guidance. OriginClear’s consolidated revenue was $5,071,095 for 2016, a 431% increase from 2015. Gross Profits rose to $1,481,930 in 2016, an increase of 1,216% year over year. “OriginClear is well
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