Breaking News

UG Boasts 27% Rise in Q1 Sales

July 10, 2013

United-Guardian, Inc. (UG) reported that earnings for the first quarter of 2013 set a new company record—a 27% rise to $1.6 million. Sales for the quarter increased 1.6% to $3.9 million.

“We are very pleased that sales of our personal care products increased 14% over last year’s first quarter, and sales of our medical and industrial products were both up as well,” explained Ken Globus, president of United-Guardian. “We are optimistic that sales of our new Lubrajel Natural line of natural water-based moisturizers will start to bring in additional revenue by the end of this year.

“We also will be devoting some of our R&D efforts towards developing new lower-cost forms of Lubrajel that will enable us to expand our sales into geographic markets not currently suitable for our higher-end Lubrajel products,” he added.

United-Guardian is a manufacturer of cosmetic ingredients, personal and health care products, pharmaceuticals, and specialty industrial products.
blog comments powered by Disqus
  • Free and Clear

    Free and Clear

    Melissa Meisel, Associate Editor||October 17, 2016
    OY-L aims for zero-chemical skin care.

  • Coming Clean on a Host of Issues

    October 17, 2016
    Cleaning Products Conference is set for Nov. 9-11, 2016 in Washington DC.

  • Let the Magic Begin!

    Let the Magic Begin!

    Tom Branna, Editorial Director||October 10, 2016
    IFSCC Congress gets underway at Walt Disney World this month.

  • Skin Care of One’s Own

    Skin Care of One’s Own

    Christine Esposito, Associate Editor||October 3, 2016
    Nu Skin’s ageLOC Me—which melds the worlds of smart-phone technology, efficacious ingredients and personalization

  • Proof Positive

    Proof Positive

    Christine Esposito, Associate Editor||October 3, 2016
    Testing service providers enable companies to back up their claims and stay in compliance with regulations.

  • Change Is in the Air

    Change Is in the Air

    Doreen Wang, BrandZ ||October 3, 2016
    Technology is changing the personal care market