Russian Coop

net sales decreased to $32.5 million from $35.6 million, a decline of 8.8 percent. Net sales in Reliv’s foreign markets for 2017 decreased 6.1 percent compared with net sales for 2016, with 3.4 percent of the decline due to the impact of foreign currency fluctuation as the result of a stronger U.S. dollar in certain markets.   The decline in net sales in Europe represented a significant portion of the decrease in foreign sales.  Net sales in Europe declined by 16.6 percent in 2017 compared to the prior year, with 4.3 percent of the decline due to the impact of foreign currency fluctuation.  Sales in Asia increased by 39.7 percent in 2017 compared to the prior year. The net loss for 2017 was $697,000 (loss per diluted share of $0.38) compared to a net loss of $625,000 (loss per diluted share of $0.34) in 2016.  The loss from operations for 2017 was $183,000 compared to a loss from operations of $812,000 in 2016.  SGA expenses were $17.9 million versus $20.2 million in 2016, as the conti...

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