Navigation Links
China-Biotics, Inc. Reports Record Quarterly and Annual Revenue Growth for Fiscal Year 2010
Date:6/13/2010

plete its 10-K filing on or before June 14, 2010.

Fiscal year 2010 Results

For the fiscal year 2010, net revenue increased year-over-year by 50% to a record $81.4 million. The increase was primarily due to increased sales volume in both retail and bulk additive products, and the product mix changed as bulk additive products accounted for a larger share of total revenue.

Gross profit increased 50.8% to $57.3 million from $38.0 million in fiscal year 2009 due primarily to higher sales. Gross margin was 70.4% compared with 70.1% in fiscal year 2009.

Selling, general and administrative expenses were $18.4 million compared with $14.6 million in 2009. The increase was mainly due to the increase of overall sales as well as higher administrative costs associated with the new bulk additive production facility in Qingpu Industrial Park. Selling, general and administrative expenses as a percentage of revenue decreased from 26.9% in fiscal year 2009 to 22.6% in fiscal year 2010.

Research and development expenses were $3.7 million, representing a 13.5% increase from $3.2 million in the previous fiscal year. The Company continues to strengthen its R&D capability and plans to introduce more new products in fiscal year 2011.

Operating income in 2010 rose 62.0% to $35.3 million from $21.8 million in fiscal year 2009.

Excluding the non-cash losses from change in fair value of convertible bonds, non-GAAP net income was '/>"/>

SOURCE China-Biotics, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16

Related biology technology :

1. China-Biotics, Inc. Appointed Grayling as Strategic Investor Relations Advisor
2. China-Biotics, Inc. Inaugurated the Commercial Production of its New Production Facility
3. China-Biotics, Inc. Reports Third Quarter Fiscal 2010 Financial Results
4. China-Biotics, Inc. Announces Conference Call to Discuss Second Quarter Fiscal 2010 Financial Results
5. China-Biotics, Inc. Appoints New Vice President
6. China-Biotics, Inc. to Attend the SIG 3rd Annual Beijing Management Summit
7. China-Biotics, Inc. Reports First Quarter Fiscal 2010 Financial Results
8. China-Biotics, Inc. Receives High-Technology Enterprise Certification to Qualify for Preferential Income Tax Rate
9. China-Biotics, Inc. Applies for Four Patents on Probiotic Formulations
10. China-Biotics, Inc. Reports Fourth Quarter and Full Year Fiscal 2009 Financial Results
11. China-Biotics, Inc. Announces Conference Call to Discuss Fourth Quarter and Full Year 2009 Financial Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/26/2015)... ReliantHeart, Inc., an innovative supplier of advanced mechanical ... transit-time flow measurement solutions, are collaborating on a miniature ... the HeartAssist5® Left Ventricular Assist Device (LVAD). ... and peace of mind. , The Transonic flow ... 1/6th of the power required by earlier flow board ...
(Date:3/26/2015)... (PRWEB) March 26, 2015 WriteResult, a ... with researchers from Yale University’s School of Public Health ... study participants during a 4 month-long project. The goal ... providing low income families with free access to fresh ... and diet-related health concerns like high blood pressure, diabetes ...
(Date:3/25/2015)... TORONTO , March 25, 2015 /PRNewswire/ - SQI Diagnostics ... announced that, as a result of recent discussions with ... common shares of the Company, after dealing with certain ... and special meeting of shareholders on March 26, 2015 ... that the election of directors will take place when ...
(Date:3/25/2015)... NEW YORK , March 25, 2015 /PRNewswire/ ... has commenced Factual Stock Report coverage on ... Bioceuticals (OTCQX: ATTBF; CSE: ATT): is a specialty ... subsidiaries of cultivating, licensing and marketing proprietary ingredients, ... medicinal markets in North America ...
Breaking Biology Technology:LVAD patients to have greater mobility and peace of mind through Transonic and ReliantHeart’s True Flow collaboration for the HeartAssist5® 2LVAD patients to have greater mobility and peace of mind through Transonic and ReliantHeart’s True Flow collaboration for the HeartAssist5® 3Yale and New Haven Farms Improving Patient Health with WriteResult's myPROpad™ 2Yale and New Haven Farms Improving Patient Health with WriteResult's myPROpad™ 3SQI Diagnostics Inc. Announces New Nominees to SQI Diagnostics Board and Adjournment of Meeting 2SQI Diagnostics Inc. Announces New Nominees to SQI Diagnostics Board and Adjournment of Meeting 3SQI Diagnostics Inc. Announces New Nominees to SQI Diagnostics Board and Adjournment of Meeting 4SQI Diagnostics Inc. Announces New Nominees to SQI Diagnostics Board and Adjournment of Meeting 5S&P Capital IQ Initiates Coverage on Abattis Bioceuticals Corp. in S&P Capital IQ Factual Stock Reports 2S&P Capital IQ Initiates Coverage on Abattis Bioceuticals Corp. in S&P Capital IQ Factual Stock Reports 3S&P Capital IQ Initiates Coverage on Abattis Bioceuticals Corp. in S&P Capital IQ Factual Stock Reports 4S&P Capital IQ Initiates Coverage on Abattis Bioceuticals Corp. in S&P Capital IQ Factual Stock Reports 5
... — Just in case anyone doubts that the Wisconsin Alumni ... defend its stem cell patent, Andy Cohn would like to ... manager for WARF, said the foundation, armed with a $1.5 ... to its controversial stem cell patent. , ,In the wake ...
... had the opportunity to watch lots of little companies become ... a company is no less awkward than a child's trip ... big without really growing up. , ,Fortunately, that isn't ... the social media market. Over the last year, the company ...
... Joint Legislative Audit Committee voted unanimously to authorize an ... agencies. , ,The 6-0 vote came after several hours ... personnel confirmed the state has lost millions of dollars ... several agencies have been plagued by varying problems, including ...
Cached Biology Technology:WARF says it's ready for a legal challenge on stem cells 2WARF says it's ready for a legal challenge on stem cells 3WARF says it's ready for a legal challenge on stem cells 4Six Apart grows up 2Six Apart grows up 3Audit of multi-million dollar state IT spending will proceed 2
(Date:3/23/2015)... 23, 2015   HOYOS Labs , a leading ... announced that the Company will demonstrate multiple biometrics-based technologies ... consumers at Connect:ID on March 23 through 25, 2015, ... will highlight the IEEE Biometric Open Protocol Standard; free ... enterprise access control system. BOPS was invented by HOYOS ...
(Date:3/20/2015)... Conn. , March 20, 2015 NXT-ID, ... a biometric authentication company focused on the growing mobile ... smart wallet is one of the products featured in ... March 20th at 11:00 PM EST on the DIY ... to Las Vegas , site of ...
(Date:3/17/2015)... 2015 Emotient, the leader in facial ... general availability of Emotient Analytics , the ... of facial expressions. The system analyzes videos of ... and services. It delivers audience response metrics - ... as derived from facial evidence of emotional states. ...
Breaking Biology News(10 mins):HOYOS Labs to Showcase Host of Biometrics Technologies at Connect:ID in Washington, D.C. 2HOYOS Labs to Showcase Host of Biometrics Technologies at Connect:ID in Washington, D.C. 3NXT-ID's Wocket Biometric Smart Wallet to Air on "I Want That" International CES Special 2NXT-ID's Wocket Biometric Smart Wallet to Air on "I Want That" International CES Special 3New Emotient Web Service Measures Audience Response Using On-Demand Facial Expression Analysis 2New Emotient Web Service Measures Audience Response Using On-Demand Facial Expression Analysis 3New Emotient Web Service Measures Audience Response Using On-Demand Facial Expression Analysis 4
... by various insults, including hepatitis infection or alcohol-induced cirrhosis. ... A new study by researchers at the National Institutes ... helps decide the fate of damaged livers in mice. ... in the Journal of Experimental Medicine . ...
... of multiples have 43 percent increased odds of ... after giving birth compared to mothers of single-born ... Bloomberg School of Public Health. Researchers examined the ... and found that multiple births increased the odds ...
... protects metals against corrosion in seawater has been ... Hallam University. At the Society for General Microbiology ... Gittens and colleagues described how they had encapsulated ... which then protected an aluminium alloy from microbial ...
Cached Biology News:Mothers of multiple births at increased odds of postpartum depression 2
...
... the standard water based mounting medium for ... permanent preservation of peroxidase and alkaline phosphatase ... use and exhibits excellent optical characteristics. Crystal ... medium that permits the long-term storage of ...
... ZMD.368. Immunogen: Synthetic peptide derived ... human WNT2B/WNT13 protein. Specificity: Specific ... and rat WNT2B/WNT13 proteins. Recognizes both ... Reactivity: Mouse Human Rat (positive controls: ...
Immunogen: Heat inactivated bacterial cells of Salmonella enteriditis,paratyphi and typhimurium Storage: 4 C...
Biology Products: