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Cyanotech posts healthy fourth quarter profit



The fourth quarter of 2012 was a very profitable one for Kona-based health product maker Cyanotech Corporation. Fourth quarter net sales were up 15-percent from just under $6 million to nearly $6.9 million. 
 
The Company, which produces Spirulina and makes Astaxanthin products said fourth quarter growth ranged from 14 percent for its Nutrex Hawai`i business to 203 percent for its international business. Mainland and online sales were also up to 73 and 90 percent respectively.

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