United-Guardian FY 2021 net income up 41%; revenue +27% to $13.9M

UNITED GUARDIAN INC

Net income of $4.66M ($1.01/share) vs $3.30M ($0.72) in 2020, a 41% increase.
Net sales rose 27% to $13.93M from $10.99M; cosmetic ingredient sales surged 61%.
Sales to China rebounded; European sales increased 42% with UK up 42%.
Medical product sales grew 6%; pharmaceutical sales remained strong through pandemic.
Management optimistic for continued growth in 2022 with new product development.

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