NHTC Posts $6.7 million Profit in Q1

 

Natural Health Trends Corp.(Nasdaq:NHTC), a leading direct selling company that markets premium quality personal care, wellness and quality of life products under the NHT Global brand, today announced financial results for the quarter ended March 31, 2015.

First Quarter Highlights

• Total revenues increased 76% to $40.7 million, compared to $23.2 million in the first quarter last year.
• Revenue from Hong Kong operations, which represents 92% of total revenue, increased $16.9 million, or 83% over last year
• Revenue outside of Hong Kong increased $619,000, or 23% over last year
• Operating income increased 122% to $6.9 million, compared to $3.1 million in the first quarter last year.
• Net income was $6.7 million, or $0.54 per diluted share, compared to $3.1 million, or $0.26 per diluted share, in the first quarter last year.
• Total number of active distributors increased 14% to 62,010 at March 31, 2015 compared to year end 2014.

We have delivered a great start for the year, commented Chris Sharng, President of Natural Health Trends Corp. Our success in Greater China continues, attributable to the effectiveness of our leadership development, products, training and marketing programs.

We are also excited to see significant increases in North America, albeit from a small base, continued Mr. Sharng. Along with our initiatives in Southeast Asia, we may develop more sources for growth.

About Natural Health Trends Corp.

Natural Health Trends Corp. is an international direct-selling and e-commerce company operating through its subsidiaries throughout Asia, North America, and Europe. The company markets premium quality personal care, wellness and quality of life products under the NHT Global brand. Additional information can be found on the company’s website, www.naturalhealthtrendscorp.com.