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PacificHealth Labs Hangs Tough
September 12, 2005
1 Min Read
PacificHealth Labs Hangs Tough
MATAWAN, N.J.Sales were downin the first two quarters of fiscal 2005 at PacificHealth Laboratories(OTCBB:PHLI), and net loss continued to widen in its second quarter ended June30. Company officials reported fiscal 2005 results have thus far suffered toughcomparisons to the initial three- and six-month periods of fiscal 2004, whichbenefited from sales to a major customer that has since discontinued itsprogram. However, the company is beginning to see revenues trickle in from amajor customer, whose sell through has finally produced income flow.
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