Newater Technology, Inc. reported unaudited consolidated financial results for the half year ended June 30, 2018. For the first half, the company reported total revenues of $26,478,746 compared to $7,204,431 a year ago. This increase was partially driven by the increase in both the number and size of the projects. Income from operations was $8,956,082 compared to $137,659 a year ago. Income before income tax provisions was $8,684,058 compared to $118,467 a year ago. Net income was $7,237,539 compared to $16,018 a year ago. Basic and diluted earnings per share were $0.67 compared to $0.00 a year ago. Net cash provided by operating activities was $4,861,365 compared to $1,172,448 a year ago. Purchase of property, plant and equipment was $6,560,476. Revenues increased by 267.53%, which resulted from: growing demand for the company's products; an increase in both the number of customers and the scale of projects; and delivering wastewater treatment services.