2/15/2019

speaker
Maui Morton
Chief Executive Officer

Aloha from Kona, Hawaii. Thank you all for joining us today on the earnings call for Sanitech Corporation. We are pleased to report Sanitech's third quarter fiscal year 2019 earnings results. On the call today, you have myself, Maui Morton, Chief Executive Officer for Sanitech Corporation and Nutrix Hawaii, and Mr. Brian Hall, our new Chief Financial Officer. I'd like to start the earnings calls with our corporate mission statement, which is fulfilling the promise of whole power through Hawaiian microalgae. So at this stage, I'm pleased to introduce our new Chief Financial Officer, Mr. Brian Olaf, who will make a safe how-to statement.

speaker
Brian Hall
Chief Financial Officer

Thank you, Mawai. Let me start by saying our discussion today may include forward-looking statements. We do not undertake any obligation to update forward-looking statements either as a result of new information, future events, or otherwise. Our actual results may differ materially from what is described in these forward-looking statements. Some of the factors that may cause results to differ are listed in our publicly filed documents. For additional information, we encourage you to review our 10Q and 10K filings with the Security and Exchange Commission.

speaker
Maui Morton
Chief Executive Officer

Thank you, Brian. Before I ask Brian to review our financial results for the third quarter, I would like to point out the third quarter achieved record sales for an individual quarter. by achieving over $10 million in net sales, a $894,000 improvement from a year ago. While we are encouraged by the record sales numbers for the quarter, we remain unsatisfied with current profit margins and will continue to focus on improving both margin and profitability going forward. Since we did not receive any questions from shareholders regarding the quarter through filing, I will conclude the call with a brief statement after Brian shares the financial results.

Disclaimer

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