Navigation Links
China Pharma Holdings, Inc. Announces Record 2007 Year End Results
Date:3/31/2008

cal years 2007 and 2006, respectively, with the slight reduction being primarily due to an increase of sales and marketing expenses. Diluted EPS for the fiscal year ended December 31, 2007 were $0.34 compared to $0.25 for 2006. The weighted average numbers of shares outstanding to calculate the diluted earnings per share were 37.3 million and 34.7 million, respectively.

Balance Sheet and Cash Flow Discussion

On December 31, 2007, the Company had $1.8 million in cash and equivalents and stockholders' equity of $39.8 million as compared with stockholders' equity of$20.9 million on December 31, 2006. Net cash from operations was $2.8 million for the twelve months ended December 31, 2007, as compared with net cash from operations of negative $1.7 million during 2006.

Total accounts receivable, less an allowance for doubtful accounts, was $18.6 million on December 31, 2007 as compared to $12.1 million on December 31, 2006. The increase in accounts receivable was due primarily to substantially higher revenues. The Company has had a good track record of customer collections since inception.

"We are very pleased to report another year of record revenue and net income. The Company performed well both in terms of financial performance and execution of our key business strategies. Our diversified portfolio and development strategy focused on therapeutics targeting high mortality and high population diseases enabled us to deliver a strong financial performance in 2007. Additionally, our investment in marketing has proven to be successful and we anticipate further benefits in 2008. The organic growth of our existing portfolio was due primarily to the expansion of our distribution network and increased market penetration. We believe that we have put in place the operating foundation and growth strategies which will enable us to sustain our growth and maintain our position as a leading generic drug company in China," Ms. Li concluded.

Revenue Gui
'/>"/>

SOURCE China Pharma Holdings, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11

Related biology technology :

1. China Kangtai Cactus Biotech Files 2nd Quarter 2007 10QSB and Announces Unaudited Quarterly Results
2. China Biopharmaceuticals Holdings Announces Second Quarter 2007 Financial Results
3. China Medical Technologies to Participate in the Morgan Stanleys 2007 China Medical Corporate Day
4. China-Biotics, Inc. Signs Intention Agreement to Supply Probiotics to Bright Dairy & Food Co., Ltd.
5. China Technology Announces New Chief Financial Officer
6. China Medical Technologies Reports First Quarter Financial Results
7. China Medical Technologies to Participate in Credit Suisses 2007 Asian Technology Conference
8. China Technology Announces Entry to the Solar Energy Sector
9. China Sky One Medical Receives $1.5 Million Government Grant to Further Develop Six New Cancer Products
10. Kiwa Bio-Tech Named Recommended Brand by the China Green Food Association
11. China Kangtai Cactus Biotech, Inc. Announces Plans for New Product Launch
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/20/2014)... 2014 OncLive® is ... Center at Thomas Jefferson University has joined its ... Strategic Alliance Partnership program, the Sidney Kimmel Cancer ... raise awareness of the Center’s cutting-edge research programs, ... Clinicians and other health care professionals from the ...
(Date:10/19/2014)... OCTOBER 20-22, 2014: The 9th Annual ... take place at the Congress Center Basel, ... now available at http://www.abim.ch . ... from all over the globe will exchange ... products and developments on the world market. ...
(Date:10/19/2014)... (PRWEB) October 19, 2014 The Asia-Pacific ... Analytics market in Asia-Pacific with analysis and forecast of ... million in 2014 to $208 million by 2019, at ... 2014 to 2019. , Browse through the TOC of ... idea of the in-depth analysis provided. It also provides ...
(Date:10/19/2014)... 2014 According to market research ... WLAN Controllers; Wireless gateways)]- Global Advancements, Forecasts and ... global Outdoor Wi-Fi market with analysis and forecasting ... also identifies the drivers and the restrains for ... opportunities and challenges. , Browse 65 market data ...
Breaking Biology Technology:Sidney Kimmel Cancer Center at Thomas Jefferson University Partners With OncLive 2Sidney Kimmel Cancer Center at Thomas Jefferson University Partners With OncLive 3The Asia-Pacific Speech Analytics market is estimated to reach $208 million by 2019 - New Report by MicroMarket Monitor 2The Asia-Pacific Speech Analytics market is estimated to reach $208 million by 2019 - New Report by MicroMarket Monitor 3The Asia-Pacific Speech Analytics market is estimated to reach $208 million by 2019 - New Report by MicroMarket Monitor 4Outdoor Wi-Fi Market (by Access Points, WLAN Controllers, Wireless gateways) Expected to Cross $37.2 Billion by 2018 - New Report by MarketsandMarkets 2Outdoor Wi-Fi Market (by Access Points, WLAN Controllers, Wireless gateways) Expected to Cross $37.2 Billion by 2018 - New Report by MarketsandMarkets 3Outdoor Wi-Fi Market (by Access Points, WLAN Controllers, Wireless gateways) Expected to Cross $37.2 Billion by 2018 - New Report by MarketsandMarkets 4
... EraGen Biosciences, Inc. announced today that it has developed ... technology. The test is now in the hands of USAMRIID ... being shipped to WHO Central Public Health Laboratory (UK) and ... recent sequencing of the SARS genome, EraGen went to work ...
... being held to solicit public sentiment on Assembly Bill ... . The bills were introduced to the state legislature in ... parthenogenesis (the process of manipulating the genetic material of a ... from any other cell, in a way that causes the ...
... April 29 Berbee Information Networks Corporation, a leading Midwest ... announced today that it has been selected by Microsoft ... 2003 and Visual Studio .NET 2003 Launch. , ... Midwest Express Center inMilwaukee, Wisconsin, Berbee will speak in ...
Cached Biology Technology:EraGen Biosciences Ships SARS Diagnostic Test in Record Time 2Public Hearing Held for controversial anti-cloning bills 2Public Hearing Held for controversial anti-cloning bills 3Public Hearing Held for controversial anti-cloning bills 4
(Date:10/16/2014)... challenged conventional thinking on how the bowel lining develops ... how bowel cancer starts. , The researchers produced evidence ... the ,crypts, that are a feature of the bowel ... bowel cancer development, a controversial finding as scientists are ... 3D imaging technologies, Dr Chin Wee Tan and Professor ...
(Date:10/15/2014)... 2014 Sandata Technologies, LLC, an industry ... care, today announced it released a case study ... Visit Verification™ Solution (EVV™)  for Quality Care Services, ... company founded in 1996 and has five locations ... The study details the challenges facing Quality ...
(Date:10/15/2014)... have linked increased resistance to bacterial pneumonia in female ... hormone estrogen. , Females are naturally more resistant to ... scientists has shown that increased resistance to bacterial pneumonia ... oxide synthase 3 (NOS3). They also show that this ... female sex hormone estrogen. , The team, lead by ...
Breaking Biology News(10 mins):Cryptic clues drive new theory of bowel cancer development 2Sandata Announces Case Study with Quality Care Services, Inc. 2
... computational and experimental researchers is needed to make ... understanding how epigenetic marks contribute to regulation of ... organised by the European Science Foundation (ESF), Computational ... Transcription Regulation. , Epigenetics studies features of the ...
... April) at the UK National Stem Cell Network Annual ... University describes his work to investigate a mechanism that ... Together with his colleague Owen Sansom from the University ... wrong and a crucial gene called Apc is lost ...
... into the brain could dramatically reduce damage caused by ... Meeting will hear today (10 April). Speaking at ... Institute of Psychiatry will explain how combining scaffold microparticles ... tissue. Strokes cause temporary loss of blood supply ...
Cached Biology News:Computation to unravel how genes are regulated and shed light on how cells become different 2Computation to unravel how genes are regulated and shed light on how cells become different 3Stem cells and cancer: cancer pathways that also control the adult stem cell population 2Scientists ask whether microscaffolding can help stem cells rebuild brain after stroke damage 2
... C1 Plus is a modular confocal system ... with an ultra-compact and lightweight design. The ... Plusboost optical performance to 400nm andits bi-directional ... support for X and Y scan axes ...
... continue to grow, the need for greater ... become necessary, especially when discerning very similar ... C1si Confocal Microscope System gives you a ... not available in conventional confocal systems, with ...
... This microscope is described by end-users to ... incorporates the fundamentals of light microscopy and ... small footprint, it does not require much ... a busy lab environment. The DM-BA300 combines ...
... Drive for individual and parallel agitation control ... of DASGIP vessels, featuring range of stirring ... to 16 overhead drives can be operated ... fedbatch-pro® and cellferm-pro® for microbiology and cell ...
Biology Products: