Natural Health Trends Corp
May 5, 2021
Natural Health Trends reported first-quarter revenue of 13.5 million dollars, down 10 percent from a year earlier, partly because deferred revenue rose by 1.1 million dollars that management expected to recognize in the second quarter. Operating income was 220,000 dollars, versus an operating loss of 1.4 million dollars a year earlier. Net income was 153,000 dollars, or 0.01 dollars a share.
President Chris Sharng said January training drew nearly 700 participants and that Japan, India, Peru, Europe, and Malaysia posted strong year-over-year growth. Active members fell 5 percent from year-end to 49,420. The company ended the quarter with 90.2 million dollars in cash and cash equivalents and generated positive operating cash flow for a second straight quarter.
The board declared a quarterly cash dividend of 0.20 dollars a share payable May 28, 2021. Sharng said a larger in-person event was planned for Macau in June with a new wellness product introduction.