Natunola Health Biosciences Inc
SymbolNHI
Shares Issued15,075,000
Close 2009-05-20C$ 0.185
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Natunola Health loses $130,605 in Q1

2009-05-25 16:45 ET - News Release

Dr. Murray McLaughlin reports

NATUNOLA RELEASES Q1 2009 RESULTS

Natunola Health Biosciences Inc. confirms that the sales for the three months ended on March 31, 2009, were $281,688, as compared with $626,662 for the comparative period for 2008, which represented a decrease of $344,974, or 55 per cent. The decrease in revenue is due to the economic slowdown and the decrease in sales to several customers. As a result, the company had a net loss of $130,605, or one cent per share, for the three months ended March 31, 2009.

The sales for the company's personal care product lines decreased by 24.4 per cent, or $25,036, for the three months ended March 31, 2009, versus the comparative period for 2008. The decline is a result of fewer orders in the first quarter of 2009.

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