Brief: Natural Health Trends Reports Q4 Loss Per Share $0.27

Natural Health Trends

12/02/2020 14:18

Feb 12 (Reuters) - Natural Health Trends Corp  NHTC.O :
    * NATURAL HEALTH TRENDS REPORTS FOURTH QUARTER AND FULL YEAR
2019
FINANCIAL RESULTS
    * Q4 LOSS PER SHARE $0.27
    * Q4 REVENUE FELL 57 PERCENT TO $17.8 MILLION
    * 2019 WAS A CHALLENGING YEAR FOR BUSINESS AMID A HOST OF
MACROECONOMIC AND INDUSTRY-SPECIFIC FACTORS
    * CHINA'S SLOWING ECONOMY AND CIVIL UNREST IN HONG KONG
FURTHER
CONTRIBUTED TO DECLINE IN REVENUE FOR 2019
    * CORONAVIRUS OUTBREAK AND UNPRECEDENTED MEASURES TO CONTROL
IT
ARE POSING FURTHER CHALLENGES TO MARKET
    * EXPECT TO ACHIEVE ANNUALIZED COST SAVINGS OF APPROXIMATELY
$6.5
MILLION IN 2020

Source text for Eikon:  ID:nGNXCCsBy 
Further company coverage:  NHTC.O 

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