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news.Mannatech, a developer and provider of nutritional supplements and skin care products based on Real Food Technology solutions, has posted net sales of $54.95m for the fourth quarter ended 31 December 2010, compared to $70.07m for the same period in 2009.
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The company reported net loss was $2.74m, compared to a net income of $2.15m for the same period in 2009.
Mannatech’s loss from operations was $2.8m for the fourth quarter of 2010, compared to $286,000 for the same period in 2009.
For the full year ended 31 December 2010, the company posted net sales of $228.09m, compared to $289.71m for the same period in 2009.
The company’s net loss was $10.62m, compared to a net loss of $17.37m for the same period in 2009.
The company’s loss from operations was $11.48m, compared to $25.59m for the same period, last year.