Brief: United-Guardian Reports Q3 Earnings Per Share $0.23

United-Guardian

08/11/2019 14:14

Nov 8 (Reuters) - United-Guardian Inc  UG.O :
    * UNITED-GUARDIAN REPORTS THIRD QUARTER FINANCIAL RESULTS
    * Q3 EARNINGS PER SHARE $0.23
    * Q3 SALES $3.317 MILLION VERSUS $3.344 MILLION
    * QTRLY NET INCOME WAS DOWN PRIMARILY DUE TO LOWER SALES OF
LUBRAJEL LINE OF WATER-BASED MOISTURIZERS & LUBRICANTS IN CHINA
    * IN PROCESS OF SHIFTING MARKETING EFFORT IN KOREA TO A
DIFFERENT
MARKETING PARTNER
    * "WITH STRONG SALES IN OCTOBER WE ARE OPTIMISTIC THAT WE
WILL
HAVE ANOTHER VERY PROFITABLE YEAR"
    * HOPEFUL LOWER SALES SITUATION WILL IMPROVE AS TRADE WAR
WITH
CHINA GETS RESOLVED

Source text for Eikon:  ID:nGNX6vjbtw 
Further company coverage:  UG.O 

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