Navigation Links
Rodobo International, Inc. Reports Q2 and First Half of 2009
Date:5/18/2009

HARBIN, China, May 18 /PRNewswire-Asia-FirstCall/ -- Rodobo International, Inc. (OTC Bulletin Board: RDBO), one of the leading independent dairy companies in China, reported financial results for the second quarter and first six months ended March 31, 2009.

Second quarter financial highlights include:

Revenue for the second quarter ended March 31, 2009 was $6.3 million, an increase of 19% compared to Q2 2008. This increase was primarily driven by volume growth, with average selling price remaining flat over both periods. The new product series "Healthy Elderly", launched in October 2008, attributed approximately $1.1 million to the second quarter.

Sales of Whole Milk Powder Formula represented 39% of total sales in Q2 2009 compared to 27% in Q2 2008. Sales of Baby/Infant Formula represented 44% of total sales in Q2 2009 compared to 61% in Q2 2008. Sales of Adult Formula represented 17% of total sales in Q2 2009 compared to 12% in Q2 2008.

Gross profit for Q2 2009 was $2.3 million, down 4% compared to Q2 2008. The overall gross margin decreased from 45% in Q2 2008 to 36% in Q2 2009. The increase in the costs of goods sold and the decrease in gross margin was mainly driven by a different product mix that included more sales of lower margin products. Additionally, gross margin for Whole Milk Powder Formula decreased in 2009 compared to 2008 due to a 24% increase in the cost of raw milk.

Operating income in the first three months ended March 31, 2009 was $0.74 million, decrease of 34% compared to the same period last year. The decrease is mainly attributed to higher depreciation expenses due to equipment purchase and advertising expenses to support the growth.

Net income was $1.2 million relatively flat compared to Q2 2008.

Six months financial highlights include:

Revenue for the first half ended March 31, 2009 was $15.2 milli
'/>"/>

SOURCE Rodobo International, Inc.
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8

Related biology technology :

1. Corium International, Inc., Announces $40 Million Financing led by Essex Woodlands Health Ventures
2. JPMorgans Principal Investment Management Group to Invest in Chindex International, Inc.
3. Corium International, Inc. Announces Appointment of Phyllis Gardner, M.D. and Daniel G. Welch to Board
4. China Pharma Holdings, Inc. Retains HC International, Inc. to Implement Investor Relations Program
5. Chindex International, Inc. to Present at 2008 UBS Global Healthcare Services Conference
6. Cryo-Cell International, Inc. Reports Results for Fiscal 2007
7. Bio-Clean International, Inc. to Present at Bluechip Capital Investment Forum
8. MINRAD International, Inc. Announces Appointment of David T. DiGiacinto as President and Chief Operating Officer
9. VWR International, LLC Acquires Jencons (Scientific) Ltd, UK
10. Sangui BioTech International, Inc., Reports Sales Increase, Continued Losses
11. Cryo-Cell International, Inc. Reports First Quarter 2008 Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/1/2014)... 1, 2014 Research and Markets ... Nucleotide Polymorphism (SNP) Genotyping and Analysis Market 2014-2018" ... http://photos.prnewswire.com/prnh/20130307/600769 Single Nucleotide Polymorphism (SNP) genotyping ... SNPs in the genome of various species. SNPs are ... and analysis technology can analyze thousands of SNPs and ...
(Date:8/1/2014)... ON (PRWEB) August 01, 2014 ... has led to a better understanding embryonic development. ... and reorganize into structurally and functionally distinct tissues ... physical defects. Prof. Todd McDevitt, Melissa Kinney, ... biophysical signals interact with biochemical cues to control ...
(Date:7/31/2014)... reason people over 60 are not donor candidates for ... with time, making the elderly prone to life-threatening infection ... team now has discovered a reason why. , "We ... of blood-forming cells to maintain blood production over time ... that could be restored for rejuvenation therapies," said Emmanuelle ...
(Date:7/31/2014)... SPRINGS, Colo. , July 31, 2014 /PRNewswire-USNewswire/ ... Grant awardee today with $25,000 to fund a ... Foundation,s inception in 2011, the gift was presented ... th Annual Meeting in Colorado ... who specialize in neurointerventional approaches to neurovascular conditions, ...
Breaking Biology Technology:Global Single Nucleotide Polymorphism (SNP) Genotyping and Analysis Market 2014-2018 2Study Links Biomechanics and Gene Expression in Stem Cells 2Key to aging immune system is discovered 2SNIS Foundation Bestows First Grant Award For Cutting-Edge NeuroInterventional Research 2SNIS Foundation Bestows First Grant Award For Cutting-Edge NeuroInterventional Research 3
... Record Revenue and Operating Income, PLYMOUTH MEETING, Pa., Aug. ... Sunstone, or the ,Company,),today announced its financial results from the ... 10Q today., Highlights -- Record revenues for ... $47.7 million -- Non-GAAP operating income ...
... enforcement officials may some day have a new ally - ... virtually all of the major threat agents that could be ... development by a team of Lawrence Livermore National Laboratory (LLNL) ... and field experiments. , In their latest advance, the team ...
... devised an inexpensive way to produce plastic sheets containing ... the sun and other sources. The technology, developed at ... the first step toward a solar energy collector that ... to convert the energy into usable electricity still need ...
Cached Biology Technology:BMP Sunstone Reports Second Quarter 2008 Financial Results 2BMP Sunstone Reports Second Quarter 2008 Financial Results 3BMP Sunstone Reports Second Quarter 2008 Financial Results 4BMP Sunstone Reports Second Quarter 2008 Financial Results 5BMP Sunstone Reports Second Quarter 2008 Financial Results 6BMP Sunstone Reports Second Quarter 2008 Financial Results 7BMP Sunstone Reports Second Quarter 2008 Financial Results 8BMP Sunstone Reports Second Quarter 2008 Financial Results 9BMP Sunstone Reports Second Quarter 2008 Financial Results 10BMP Sunstone Reports Second Quarter 2008 Financial Results 11Tests show LLNL detection instrument can monitor the air for all major terrorist threat substances 2Tests show LLNL detection instrument can monitor the air for all major terrorist threat substances 3Flexible nanoantenna arrays capture abundant solar energy 2Flexible nanoantenna arrays capture abundant solar energy 3
(Date:7/31/2014)... scientists from Spain, France, and the U.S. has ... the oldest definitive member of the tribe Omaliini ... discovery and description were made possible through the ... technique, which allows the detailed study of otherwise ... is described in the journal Annals of ...
(Date:7/31/2014)... of animal models against the highly infectious and virulent ... disease that kills approximately 30,000 Americans annually. The research ... Immunity . , In the study, the vaccine ... toxins produced by C. difficile , as well ... that mimics the human disease, after only two immunizations. ...
(Date:7/31/2014)... exposure to loud noise alters how the brain ... speech sounds, according to neuroscientists at The University ... published this week in Ear and Hearing ... noise-induced hearing loss affects the brain,s recognition of ... all corners of the population, affecting an estimated ...
Breaking Biology News(10 mins):C. difficile vaccine proves safe, 100 percent effective in animal models 2UT Dallas study reveals effect of loud noises on brain 2
... Electrical noise, like the crackle heard on AM radio when ... electronic devices. But within cells, a similar kind of biochemical ... another, according to a new study led by a UT ... professor of pharmacology, said his research and that of his ...
... asparaginase fails to help cure some children with acute ... in the bone marrow counteract the effect of that ... Hospital. , The researchers showed that mesenchymal cells ... leukemic cells by releasing large amounts of asparagine, an ...
... understanding of how tool use has evolved among primates, ... some conditions, are capable of habitually fashioning and using ... Jill Pruetz of Iowa State University and Paco Bertolani ... the journal Current Biology on February 22nd. , Chimpanzees ...
Cached Biology News:Cells use 'noise' to make cell-fate decisions 2Cells use 'noise' to make cell-fate decisions 3Leukemic cells find safe haven in bone marrow 2Leukemic cells find safe haven in bone marrow 3Chimpanzees found to use tools to hunt mammalian prey 2
Rabbit polyclonal to M13 Bacteriophage Coat Proteins ( Abpromise for all tested applications)....
Pancreatic Cell Cryopreservation Medium (2X) is intended for the cryopreservation of LT2 Immortalized Pancreatic Mesenchymal Cells (SCR013) and VIT1 Primary Pancreatic Mesenchymal Cells (SCR014)....
Naphthol Blue Black, CI 20470...
Recognizes rat Taste Receptor 2 (TR2). The immunogen shows no significant sequence homology with TR1, gustducin or other pheromone receptors....
Biology Products: