bHIP News

New Marketing VP at BHIP

SEC Completes BHIP Investigation

Natural Health Trends Net Loss Improves

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New Marketing VP at BHIP

Trading Markets | 1/13/2009

BHIP announced today that Linda Lucas Padilla has joined the Company as Senior Vice President of Marketing. In this newly created role, Ms. Padilla will be the Company's principal marketing executive responsible for strategic global marketing support, company branding, product marketing and development, recognition, incentive and event planning.

"With the addition of Linda to our executive team, we have made a concerted effort to move Natural Health Trends' global focus toward a stronger product platform," commented Chris Sharng, president of Natural Health Trends. "She brings proven product expertise and strong global industry knowledge which further supports NHT's plans to offer expanded and improved product offerings for our members worldwide."

SEC Completes BHIP Investigation

Trading Markets | 9/18/2008

Natural Health Trends Corp. (BHIP) announced that the SEC has completed an investigation of the Company and others that was initiated in October 2006. The SEC's staff notified the Company by letter dated September 12, 2008, that they do not intend to recommend any enforcement action against the Company...

Natural Health Trends Net Loss Improves

RedOrbit | 5/27/2008

Natural Health Trends, a direct-selling and e-commerce company, has reported a net loss of $0.7 million for the first quarter of 2008, compared with a net loss of $5 million in the first quarter of 2007.

For the first quarter of 2008, the company reported net sales of $11.4 million, compared to $21.5 million in the same quarter of 2007. Gross profit was $8.3 million, compared to $15.82 million in the same quarter of 2007.

Chris Sharng, president, said: "Though the company incurred an operating loss of $0.7 million in the first quarter, non-cash items such as depreciation, stock-based compensation and certain accounting charges on the implicit debentures' interest costs, totaled $0.9 million. In the month of March, our business operations were cash positive. We believe that we have regained nascent revenue momentum through certain personnel changes, compensation plan changes and dynamic training sessions."

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