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China Biologic Products Announces Record Second Quarter 2010 Results
Date:8/16/2010

esults. To participate in the conference call, please dial the following number five to ten minutes prior to the scheduled conference call time: 877-409-5468. International callers should dial +1-702-894-2400. The pass code for the call is 94191315. If you are unable to participate in the call at this time, a replay will be available for 14 days starting on Monday, August 16, 2010 at 9:00 a.m. ET. To access the replay, dial 800-642-1687, international callers should dial +1-706-645-9291. The conference pass code is 94191315.

CHINA BIOLOGIC PRODUCTS, INC. AND SUBSIDIARIES RECONCILIATION OF NON-GAAP FINANCIAL MEASURES FOR THE THREE MONTHS ENDED JUNE 30, 2010, AND 2009 Three Months Ended Three Months Ended June 30, 2010 June 30, 2009 Net Diluted Net Diluted Income EPS Income EPS Adjusted net income - non GAAP 10,936,852 $0.41 8,335,605 $0.38 Non-cash employee compensation (1) 45,948 $0.00 27,594 $0.00 Loss (income) in fair value of derivative (2,270,829) $(0.09) 91,295,732 $0.06 liabilities (2) Net income attributable to controlling interest for diluted EPS (3) 13,161,733 $0.49 7,012,279 $0.32 Interest add-back on convertible notes 284,190 41,534 Net income attributable to controlling interest 12,877,543 6,970,745 Weighted average number of shares - diluted 26,599,255 21,811,473 Six Months Ended Six Months Ended June 30, 2010 June 30, 2009 Net Diluted Net Diluted Income EPS Income EPS Adjusted net income - GAAP 18,452,929 $0.70 13,014,319 $0.60 Non-cash employee compensation (1) 617,841 $0.02 54,967 $0.00 Loss (income) in fair value of derivative liabilities (2) (6,104,406) $(0.23) 1,688,755 $0.08 Net income attributable to controlling interest for diluted EPS (3) 23,939,494 $0.90 11,270,597 $0.52 Interest add-back on convertible notes 456,311 41,534 Net income attributable to controlling interest 23,483,183 11,229,063 Weighted average number of shares - diluted 26,541,685 21,527,509 (1) Non-cash compensation expenses related to options granted to employees and
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SOURCE China Biologic Products, Inc.
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