Tag Archive for Chris Sharng

NHTC Opens First Healthy Lifestyle Centre In California

 
Natural Health Trends Corp. a leading direct-selling company that markets premium quality personal care, wellness and “quality of life” products under the NHT Global brand, today announced the grand opening of its first Healthy Lifestyle Center Plus (“HLC Plus”) in North America in Monterey Park, California. The HLC Plus will serve as a tangible retail space designed to provide current and prospective members with the opportunity to personally experience the complete NHT Global product offering. 

“Similar to our 14 existing Healthy Lifestyle Centers already up and running in China, this brick-and-mortar presence will allow our members and others in the community to obtain comprehensive product information from our knowledgeable staff and come in contact with our products and brand first hand,” commented Chris Sharng, President of Natural Health Trends Corp.

“The opening of our

Read more...

NHTC Reports Strong Q3 Results

Natural Health Trends Corp., a direct-selling company that markets premium quality personal care, wellness and “quality of life” products under the NHT Global brand, today announced its financial results for the quarter ended September 30, 2015.
Third Quarter 2015 Financial Highlights

Total revenue increased 154% to $80.8 million, compared to $31.8 million in the third quarter of 2014. 
Revenue from the Company’s Hong Kong operations, which represents 94% of total revenue, increased 168% to $75.9 million, compared to $28.3 million in the third quarter of 2014.
Revenue outside of Hong Kong increased 38% to $4.9 million, compared to $3.5 million in the third quarter of 2014.
Operating income increased 171% to $14.8 million, compared to $5.5 million in the third quarter of 2014.
Net income available to common stockholders was $14.5 million, or $1.18 per diluted share, compared

Read more...

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

Read more...