LifeBrandz Reports Boom in Sales, Profit

LifeBrandz Reports Boom in Sales, Profit

SINGAPORE--LifeBrandz announced its financial results for the fiscal year ended 2004 (FY04).

The companys net profit was SGD$9.6 million in FY04, a 108 percent increase from SGD$4.6 million in FY03. Revenues also increased 172 percent from SGD$19.6 million to SGD$53.3 million. LifeBrandz attributed the increases to strong sales of its Extrim carbohydrate neutralizer tablets and new cosmeceuticals series including Intenz Skin Activator.