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Article: Strong Performance in North America Drives 194% Gain In 1Q Net Profits at Reliv International
- Article from:
- PR Newswire
- Article date:
- April 30, 1997
CopyrightCOPYRIGHT 1997 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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CHESTERFIELD, Mo., April 30 /PRNewswire/ -- Reliv International, Inc. (Nasdaq: RELV), an international manufacturer and network marketer of nutritional supplements, functional foods and other products, today announced that net profits surged 194.6% and net sales grew 36.2% in the first quarter of 1997 compared to the same period in 1996. It marked the fourth consecutive quarter that Reliv posted revenue increases totaling 35% or more over prior- year figures.
First Quarter Results
Reliv reported a net profit of $819,000 or $0.08 per share, for the quarter ending March 31, 1997, up from a net profit of $278,000 in the prior- year period. Net sales ...
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