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 financial results for the quarter and six month periods ended June 30, 2014.
Second Quarter Financial Highlights
Total revenues were $34.2 million, up 223% compared to $10.6 million in the second quarter last year.
Operating income was $6.2 million, up 551% compared to $948,000 in the second quarter last year.
Net income was $6.1 million, or $0.49 per diluted share, compared to $904,000, or $0.08 per diluted share, in the second quarter last year.
Year-to-Date Financial Highlights
Year-to-date revenues were $57.4 million, up 198% compared to $19.2 million in the first six months last year.
Operating income was $9.3 million, up 649% compared to $1.2 million in the first six months last year.
Net income was $9.2 million, or $0.76 per diluted share, compared to net income of $1.2 million, or $0.11 per diluted share, in the first six months last year.
“This was another excellent quarter for Natural Health Trends,” remarked Chris Sharng, President of Natural Health Trends Corp. “Orders taken during the second quarter were very strong. In addition, the quarter’s financial results also benefited from delivering significant orders