Household and skin care company Scott's Liquid Gold announced its operating results for the year 2007. For the 12 months ended Dec. 31, 2007, the company reported a net loss of $1.3 million, from net sales of approximately $17.9 million. These results compared with a net loss of $3.5 million on net sales of approximately $16.1 million in the previous year.

The company experienced net income of $58,500 in the fourth quarter of 2007, versus prior year fourth quarter net loss of $938,000. Net sales of $5.1 million in the quarter ended Dec. 31, 2007 compared with net sales of $4.0 million in the year-earlier period.

Mark E. Goldstein, chairman of the board and chief executive officer of Scott's Liquid Gold, commented: "During 2007, we experienced a decrease in sales of our household chemical products, while experiencing an increase in sales of our Montagne Jeunesse line of skin care products and a decrease in sales of our Alpha Hydrox skin care products. The decrease in our loss for 2007 compared to 2006 results from an increase in sales, and a reduction in our operating costs and expenses."