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Article: Reliv International 2003 Net Profits Grow 74 Percent, on a 20 Percent Increase in Net Sales Compared to 2002.
- Article from:
- PR Newswire
- Article date:
- March 17, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Reliv International, Inc. , an international manufacturer and network marketer of nutritional supplements and other food technology products, today announced its results of operations for the year ended December 31, 2003 and for the fourth quarter of 2003.
Year-End Results
For the year, the company's net income available to common shareholders totaled $4.34 million, or $0.29 per share basic ($0.26 per share diluted) -- an increase of more than 74 percent compared to 2002, when net profits reached $2.49 million, or $0.18 per share basic ($0.15 per share diluted). Revenues grew 22 percent, to total $76.96 million in 2003, compared to sales of $62.93 ...