United-Guardian Q3 net income up 42% to $1.02M; sales up 36% to $3.18M

UNITED GUARDIAN INC

Net income $1,016,506 ($0.22 per share) vs $717,532 ($0.16) in Q3 2020, a 42% increase.
Net sales $3,179,746, up 36% from $2,336,360 year-over-year.
Cosmetic ingredient sales rose 187% in Q3; Ashland Asia sales surged over 300%.
Nine-month 2021 net income $3,542,232 ($0.77 per share), up 31%; sales $10,268,592, up 19%.
Management expects full-year 2021 results significantly better than 2020 despite supply chain headwinds.

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