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Sales Down at Natural Health Trends Corp.

2007-11-15 | 09:12

Natural Health Trends Corp., a company that markets personal care products under the NHT Global brand, announced its latest financial results.

Natural Health Trends Corp., a company that markets personal care products under the NHT Global brand, announced its financial results for the quarter that ended Sept. 30, 2007.

Sales in the third quarter of 2007 were $16.8 million, compared to $29.9 million and $25.2 million for the third quarter a year ago and the second quarter of 2007, respectively. According to the company, changes in the Hong Kong-based sales accounted for most of the decrease year-on-year and quarter-over-quarter.

For the third quarter of 2007, the company incurred a net loss of $3.5 million, compared to a net loss of $2.5 million a year ago in the comparable quarter, and a net loss of $1.5 million in the prior quarter.

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