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China Biologic Products Announces Strong First Quarter 2009 Results
Date:5/18/2009

9,500 -- Investment payable 17,510,836 3,275,501 Total current liabilities 62,954,989 18,928,777 OTHER LIABILITIES: Non-current other payable - land use right 324,546 323,707 Long term loan-bank, net of current maturities 8,790,000 5,868,000 Total other liabilities 9,114,546 6,191,707 Total liabilities 72,069,535 25,120,484 WARRANT LIABILITIES 2,061,049 -- COMMITMENTS AND CONTINGENCIES -- -- SHAREHOLDERS' EQUITY: Common stock, $0.0001 par value, 100,000,000 shares authorized, 21,434,942 shares issued and outstanding at March 31, 2009 and December 31, 2008 2,143 2,143 Paid-in-capital 9,988,956 10,700,032 Statutory reserves 9,750,637 6,989,801 Retained earnings 15,960,158 15,392,253 Accumulated other comprehensive income 4,177,935 4,159,298 Total shareholders' equity 39,879,829 37,243,527 NONCONTROLLING INTEREST 25,100,490 4,805,381 Total equity 64,980,319 42,048,908 Total liabilities and shareholders' equity $139,110,903 $67,169,392 CHINA BIOLOGIC PRODUCTS, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS FOR THE THREE MONTHS ENDED MARCH 31, 2009 AND 2008 (Unaudited) 2009
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SOURCE China Biologic Products, Inc.
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