This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Natunola loses $154,678 in Q3 2009 2009-11-18 13:47 ET - News Release Dr. Nam Fong Han reports NATUNOLA RELEASES Q3 2009 RESULTS
Natunola Health Biosciences Inc. issued notice that the revenue for the quarter ended on Sept. 30, 2009, was $311,656 as compared with $475,058 for the comparative period for 2008, which represented a decrease of $163,402 or 34.4 per cent. The decrease in revenue is due to the decrease in sales in flax products during the quarter. As a result, the company had a net loss of $154,678 or one cent per share for the quarter ended on Sept. 30, 2009, as compared with a net loss of $97,670 or zero cents per share for the comparative period for 2008.
The sales of the company's flax products decreased by $191,348 or 48.9 per cent for the quarter ended Sept. 30, 2009, versus the comparative period for 2008. The decrease is due to fewer shipment of the flax product to a specific customer. The sales of the company's cosmetic and personal care products increased by $39,196 or 54.1 per cent for the quarter ended Sept. 30, 2009, versus the comparative period for 2008.
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