Nutri Pharmaceuticals Research Inc. Announces Increased Revenues and Earnings for Second Quarter
10 8월 2006 - 9:00PM
Business Wire
Nutri Pharmaceuticals Research Inc. (Pink Sheets: NRPR) today
reported that revenues generated by operations for the second
quarter of 2006 were a record $964,545, bringing revenues for the
first half of the year for the company to $1,385,545. Gross profit
for the second quarter was $416,606 compared to gross profit of
$339,000 for the first quarter of the year, which until now had
been the company's best quarter. Commenting on the results, Chief
Executive Officer and President Godfrey Yew said: "We are thrilled
to see revenues and profits continue to increase and are even more
excited by what the future holds for the company. We believe the
market for our products is enormous. And we will continue to grow.
We are developing additional product, which we believe will
generate significant excitement in the marketplace." Yew added,
"Our facilities are close to capacity with current production, and
it is likely the company will expand into larger facilities in the
near future." About NPRI Nutri Pharmaceuticals Research Inc.
(www.o2pus.com) provides a wide range of powdered oils for
functional food, food supplement, dietary supplement, cosmetics,
pet food and animal feed applications. The company is one of a
select few to be awarded the prestigious Nutrition Business Journal
"Product Merit Award" for its patent-pending O2P(TM) Powderization
Process. At the heart of its oil powders is the O2P Oil-to-Powder
technology. This patent-pending process converts most edible oils,
gels or pastes into a free-flowing powder without affecting the
isomeric structure, fatty acid profile, color, taste or aroma of
the base oil. O2P does not rely on traditional techniques that
utilize extremes in heat or cold, or micro-encapsulation
technology. The company currently offers more than 50 shelfstable
powders. The company can also apply O2P technology to a third
party's oil, paste or gel through an arrangement called tolling.
Based in Las Vegas, the company has representative sales offices
near Chicago, Amsterdam, Guatemala City and Bangkok. Nutri
Pharmaceuticals Research Inc. shares are currently traded in the
United States on the "NQB (NationalQuotation Bureau) Pinksheets"
under the symbol NRPR.PK. Forward-Looking Statements The words
"believe," "expect," "anticipate" and other similar expressions
generally identify forward-looking statements. Forward-looking
statements are based on the company's current expectations and are
subject to market, competitive and regulatory factors and the other
risks and uncertainties indicated from time to time in the
company's filings with the Securities and Exchange Commission.
Actual results can differ materially. The company makes no
commitment to disclose any revisions to forward-looking statements.
Nutri Pharmaceuticals Re... (PK) (USOTC:NRPR)
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