2016-02-29 15:29

 

Herbalife fourth quarter decline in performance

 

[straight news network Beijing on February 29 news] (China Economic Net) Herbalife 25 released the fourth quarter earnings reports, net profit for 84.5 million, 98 cents earnings per share. Compared with the previous fiscal year decline in net profit of $103 million 300 thousand, earnings per share of $1.21.
Herbalife said the investigation is with America's Federal Trade Commission (FTC) ongoing consultations after hedge fund Ackerman said Herbalife is a pyramid scheme fraud, given a target price $0. But short Herbalife made Ackerman tragic loss.
Herbalife earnings were better than analysts expected stocks, benefiting from the international market.
China market is an important performance and stability of the power company. But China Times reported that the price of Herbalife products China mainland market is much higher than that of the United States, Britain and Hongkong. For example, 550 grams of protein mixed drinks, the mainland price of 329 yuan per bottle, while the United States is 750 grams for the price of 160 yuan.
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