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