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

O CONTROLLING INTEREST 4,258,318 2,267,800 OTHER COMPREHENSIVE INCOME: Foreign currency translation adjustments 18,637 942,699 Comprehensive income attributable to noncontrolling interest 427,302 184,467 COMPREHENSIVE INCOME $4,704,257 $3,394,966 BASIC EARNINGS PER SHARE: Weighted average number of shares 21,434,942 21,434,942 Earnings per share $0.20 $0.11 DILUTED EARNINGS PER SHARE: Weighted average number of shares 21,434,942 21,964,168 Earnings per share $0.20 $0.10 CHINA BIOLOGIC PRODUCTS, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS AS OF MARCH 31, 2009 AND DECEMBER 31, 2008 March 31, December 31, 2009 2008 (Unaudited) ASSETS CURRENT ASSETS: Cash $34,005,948 $8,814,616 Notes receivable 468,800 -- Accounts receivable, net of allowance for doubtful accounts of $1,275,437 and $1,268,052 as of March 31, 2009 and December 31, 2008, respectively 383,781 313,087 Accounts receivable - related party 631,803 -- Dividend receivable 147,055 147,256 Other receivables 845,780 356,957 Other receivables - related party 797,138 -- Inventories 26,700,002 14,949,196 Prepayme
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SOURCE China Biologic Products, Inc.
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