Navigation Links
Tiens Biotech Group (USA) Reports Fourth Quarter and Twelve-Month Results
Date:3/28/2008

NEW YORK, March 28 /Xinhua-PRNewswire/ -- Tiens Biotech Group (USA), Inc. ("the Company" or "Tiens"), (AMEX: TBV), http://www.tiens-bio.com , announced financial results for the fourth quarter and twelve months ended December 31, 2007.

Revenue for the fourth quarter of 2007 was $13.3 million compared to $16.6 million for the fourth quarter of 2006.

Net income for the fourth quarter of 2007 was $3.9 million, or $0.05 per share, compared to net income of $5.9 million, or $0.08 per share for the fourth quarter of 2006.

Revenue for the twelve months ended December 31, 2007 was $54.9 million, compared to $66.8 million for the twelve months ended December 31, 2006.

Net income for the twelve months ended December 31, 2007 was $18.6 million, or $0.26 per share, compared to $26.3 million, or $0.37 per share for the twelve months ended December 31, 2006.

Revenue by Region

For the fourth quarter of 2007, revenue in China was $6.7 million compared to $6.8 million for the fourth quarter of 2006. For the twelve months ended December 31, 2007, revenue in China was $22.5 million, compared to $27.1 million for the twelve months ended December 31, 2006.

Revenue for 2006 benefited from a special promotion conducted in the third quarter of the year for distributors in China, which increased sales. No similar promotion was held during 2007, which contributed to the decrease in revenue for the period. In addition, the application for a direct selling license in China is still pending. Until the application is approved, Tianshi Engineering will continue to sell Tiens' products through its branches, affiliated companies and chain stores in China.

For the f
'/>"/>

SOURCE Tiens Biotech Group (USA), Inc.
Copyright©2008 PR Newswire.
All rights reserved

0

GOOD

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

Related biology technology :

1. deCODE genetics to Webcast Presentation at 15th Annual Future Leaders in the Biotech Industry Conference
2. EntreMed to Present at BioCentury Future Leaders in the Biotech Industry Conference
3. Epeius Biotechnologies Awarded U.S. Patent for Targeted Injectable Gene Delivery In Vivo
4. Millennium Biotechnologies, Inc. Signs Marketing and Distribution Agreement with Ferring Pharmaceuticals
5. Accurate Identification of Tumor Origin Using MicroRNAs is Published by Rosetta Genomics Scientists and Collaborators in Nature Biotechnology
6. ITSSD: Russia Can Secure Greatest Biotech Market Advances Following US, Not EU Innovation Model
7. Pharmacopeia to Present at the 15TH Annual Future Leaders in the Biotech Industry Conference
8. SGX Pharmaceuticals to Present at the BioCentury Future Leaders in the Biotech Industry Conference
9. Genetic Engineering & Biotechnology News reports on clinical trials in developing countries
10. Oncolytics Biotech Inc. Announces Issuance of 26th U.S. Patent
11. ProMetic and Sartorius Stedim Biotech collaborate on technology transfer deals in Asia

Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/5/2009)...wswire/ -- DSM Pharmaceutical Products today annou...h Galenix, Saint Jean D,Illac, France, where DSM w...g partner for Galenix commercial products on a glo...on business development opportunities co-marketing...strength of Galenix in drug product development an...
(Date:11/5/2009)...ovember 5, 2009 at 4:30 p.m. Eastern Time , B...all/ - OncoGenex Pharmaceuticals, Inc. ("OncoGenex...d unaudited financial results for the third quarte...iewed the Company,s highlights for the third quart...ts reflect the operations of OncoGenex Technologie...
(Date:11/5/2009)...ewswire-FirstCall/ -- Cepheid (Nasdaq: CPHD ) tod...at the following investor conferences, and invited... Credit Suisse Healthcare Conference, Phoe...09 at 10 a.m. Mountain Time, NASD... Tuesday, 1 December, 2009 at 10.45 a....
(Date:11/5/2009)...swire-FirstCall/ -- WaferGen Biosystems, Inc. (OTC...te-of-the-art genetic analysis systems, today anno... company,s Scientific Advisory Board. His career ...novel molecular diagnostics for cancer detection a...omputational biology systems for several biotechno...
Breaking Biology Technology:DSM Pharmaceutical Products Forms Manufacturing Alliance With Galenix 2DSM Pharmaceutical Products Forms Manufacturing Alliance With Galenix 3OncoGenex Reports Third Quarter 2009 Financial Results 2OncoGenex Reports Third Quarter 2009 Financial Results 3OncoGenex Reports Third Quarter 2009 Financial Results 4OncoGenex Reports Third Quarter 2009 Financial Results 5OncoGenex Reports Third Quarter 2009 Financial Results 6OncoGenex Reports Third Quarter 2009 Financial Results 7OncoGenex Reports Third Quarter 2009 Financial Results 8Cepheid to Webcast Upcoming Financial Presentations 2WaferGen Names Christopher Sears, Ph.D., Architect of High-Value Molecular Diagnostics and Computational Biology Platforms, to Company's Scientific Advisory Board 2WaferGen Names Christopher Sears, Ph.D., Architect of High-Value Molecular Diagnostics and Computational Biology Platforms, to Company's Scientific Advisory Board 3WaferGen Names Christopher Sears, Ph.D., Architect of High-Value Molecular Diagnostics and Computational Biology Platforms, to Company's Scientific Advisory Board 4
...Championship Week in Wisconsin, which means the go... most spectacular doorsteps, the 7,514-yard Whistl...les named Grand Strand, Cliff Hanger and Voyageur,...ament. , ,But Wisconsin boasts another course, equ... and research-minded visitors who might be tempted...
...placement on Google for search term "Disney" MADIS...and Internet intelligence company, has released th...tings that include textual advertisements within s... analyzed search listings at search engines Googl...led extensive third party advertising on these tra...
... mules of the 21st century. They carry incredible ... any indication, and they have the same bulky, int...e to their four-legged forbearers. Last week I ran...y the bills for my consulting firm. Midway throug...Knowing that in addition to all the silicon chips ...
Other Biology Technology:Above par: Playing 18 holes on Wisconsin's high-tech course 2Above par: Playing 18 holes on Wisconsin's high-tech course 3NameProtect study shows 92% of top brands losing out on search engines 2NameProtect study shows 92% of top brands losing out on search engines 3Curious customer service: When a help desk does it right 2Curious customer service: When a help desk does it right 3
(Date:11/4/2009)...ct. 21 What,s the cost of saving a...tal death resulting from prescription medication a...ntions, however, may be unaware that the lock-boxe... from the ticking timebomb of prescription drugs. ...m-quality medical supplies, has formed an exclusiv...
(Date:11/4/2009)... Scientists at the University of North Carolina a...y of California, San Francisco have developed and ...arget diseases for existing drugs. , The researc...s how similar the structures of all known drugs ar...nown as ligands -- of disease targets within the c...
(Date:11/3/2009)...L (November 4, 2009) For more than 25 years, all ...( Strombus gigas ) have been unsuccessfuluntil now...g techniques to produce beaded (nucleated) and non...been developed by scientists from Florida Atlantic...e (HBOI). With less than two years of research and...
Breaking Biology News(10 mins):MEDNET Launches MedSafe to Prevent Teenage Prescription Drug Abuse 2MEDNET Launches MedSafe to Prevent Teenage Prescription Drug Abuse 3Study points to new uses, unexpected side effects of already existing drugs 2Scientists are first to 'unlock' the mystery of creating cultured pearls from the queen conch 2Scientists are first to 'unlock' the mystery of creating cultured pearls from the queen conch 3Professional Healthcare Is Approved for Medicare Licenses at Additional Offices in California and Utah 55649 1Professional Healthcare Is Approved for Medicare Licenses at Additional Offices in California and Utah 55649 2Foreign Physician Growth in the U S and the Impact on Medical Credentialing 55645 1Foreign Physician Growth in the U S and the Impact on Medical Credentialing 55645 2Foreign Physician Growth in the U S and the Impact on Medical Credentialing 55645 3Waismann Method Offers Safe Treatment for Dependency to Benzodiazepines 55641 1Waismann Method Offers Safe Treatment for Dependency to Benzodiazepines 55641 2Waismann Method Offers Safe Treatment for Dependency to Benzodiazepines 55641 3
... productivity is increased but their plant diversi...lant-available nitrogen and phosphorous have doubl...ients is predicted to be one of the three most imp...he research, under the leadership of Professor And...the first time the exact mechanisms that lead to t...
...sts at Albert Einstein College of Medicine of Yesh...ew drug-delivery system with a powerful antimicrob...nt staph infections in mice. The study is publishe... of Investigative Dermatology . , Staphylococcus...l and invasive skin infections, resulting in more ...
...ake noises or contort their faces to show that it ... a Purdue University researcher believes they feel...stant professor of animal sciences, helped develop...r reactions to it are much like that of humans. A ...arly online version of the journal Applied Animal...
Other Biology News:Fertilization intensifies competition for light and endangers plant diversity 2New technology shows promise against resistant staph infections 2New technology shows promise against resistant staph infections 3Fish may actually feel pain and react to it much like humans 2
...erived from Trichoplusia ni egg cell homogenates h...cantly higher levels of secreted recombinant prote...s offer the following features:- -Rapid doubling t...rum-free medium- Up to 25-fold higher expression o...
...g; Racks are ideal for storage and transport of al...ithstand extreme temperatures, making them an exce... autoclaved for use in sterile environments. Each ...rocentrifuge tubes, the other 1.5ml tubes or 2ml c...
...sive, cost-effective solution to your TechMate Det...ented quality into both our products and service c...tries and antibodies that have been optimized to t...tively priced accessories that can be purchased in...
...ysis buffer, PCR mix, DNA polymerase and universal.... This system can detect different types of Gram n...as Escherichia Coli, Klebsiella Pneumoniae, Bacill...alactiae, and etc. With the powerful Universal lys...
Biology Products: