Navigation Links
Weikang Bio-Technology Reports Second Quarter 2010 Financial Results
Date:8/16/2010

ting income, net 34,477 488,096 18,723 244,542 Income before income tax 11,135,417 9,626,405 3,775,653 4,372,541 Income tax 2,798,867 2,438,475 957,758 1,038,216 Net income 8,336,550 7,187,930 2,817,895 3,334,325 Basic and diluted weighted average shares outstanding 27,692,734 25,268,474 28,021,751 25,306,723 Basic and diluted net earnings per share $0.30 $0.28 $0.10 $0.13 WEIKANG BIO-TECHNOLOGY GROUP CO., INC RECONCILIATION OF NON- GAAP FINANCIAL MEASURES FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2010 Net Income Diluted Net Income Diluted Net Income (Loss) and Diluted EPS EPS EPS Adjusted Amount Non-GAAP $2,817,895 $0.10 $8,336,550 $0.30 Adjustments Compensation adjustment (1) 857,170 0.03 1,769,180 0.064 Stock-based compensation adjustment (2) 43,315 0.00 108,515 0.003 Amount per consolidated statement of operations 2,130,745 0.07 6,458,855 0.23 (1) Non cash compensation expense in connection with the private placement done on January 20, 2010 and associated investor relation expense, the Company recorded $2.4 million total as deferred compensation. (2) Amortized stock-based compensation issued to a key employee and four Directors. WEIKANG BIO-TECHNOLOGY GROUP CO, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) SIX MONTHS ENDED JUNE 30, 2010 2009 CASH FLOWS FROM OPERATING ACTIVITIES: Net income $6,458,855 $7,187,930 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 599,057 587,162 Stock issued for consulting expenses 65,200 127,500 Deferred compensation 1,812,494 -- Changes in deferred tax (178,885) (50,671) (Increase) decrease in current assets: Accounts receivable -- (73,178) Advances to suppliers and other receivables (124,277) (49,501) Inventory (755,128) (275,882) Increase (decrease) in current liabilities: Accounts payable 927 -- Unearned revenue (11,721) (219,533) Other payables 109,948 5,296 Taxes payable (743,596) 364,740 Net cash provided by operating activities 7,232
'/>"/>
SOURCE Weikang Bio-Technology Group Co., Inc.
Copyright©2010 PR Newswire.
All rights reserved

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

Related biology technology :

1. SCOLR Pharma, Inc. Reports Second Quarter 2008 Financial Results
2. AutoImmune Inc. Reports 2008 Second Quarter Financial Results
3. Par Pharmaceutical Reports Second Quarter 2008 Results
4. ISTA Pharmaceuticals Reports Second Quarter 2008 Financial Results
5. Pharmos Corporation Reports 2008 Second Quarter Results
6. Halozyme Therapeutics Reports 2008 Second Quarter Financial Results
7. MGT Capital Investments Reports Second Quarter 2008 Financial Results and Provides Update on Recent Developments
8. BMP Sunstone Reports Second Quarter 2008 Financial Results
9. ULURU Inc. Reports Second Quarter 2008 Financial Results
10. Immtech Reports Fiscal First Quarter 2009 Results
11. Medivation Reports Second Quarter 2008 Financial Results and Provides Corporate Update
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/21/2014)...  BioSpecifics Technologies Corp. (NASDAQ: BSTC ... collagenase-based products marketed as XIAFLEX ® (collagenase ... XIAPEX ® in the EU, today announced ... Phase 2a study of CCH for the potential ... results showed that all three doses of CCH ...
(Date:8/21/2014)... Institute for Molecular Medicine Finland (FIMM), University of ... novel "man and machine" decision support system for ... described in PLOS One scientific journal ... computer vision algorithms similar to those used in ... the diagnostically most relevant areas. Tablet computers can ...
(Date:8/21/2014)... 21, 2014 2014 Deep ... is a professional and in-depth research report ... provides basic Seaweed Fertilizer information, including Seaweed ... structure as well as industry overview. This ... domestic market as well as global industry ...
(Date:8/21/2014)... Emmetsburg, IA (PRWEB) August 21, 2014 ... Project LIBERTY Opening , The Court of His Majesty ... King will attend the Grand Opening of POET-DSM Advanced ... on Wednesday, Sept. 3. , The King will take ... formal opening activity, scheduled for 11 a.m.-12:20 p.m. and ...
Breaking Biology Technology:BioSpecifics Technologies Corp. Announces Positive Data from Phase 2a Study of CCH for Treatment of Cellulite 2BioSpecifics Technologies Corp. Announces Positive Data from Phase 2a Study of CCH for Treatment of Cellulite 3BioSpecifics Technologies Corp. Announces Positive Data from Phase 2a Study of CCH for Treatment of Cellulite 4BioSpecifics Technologies Corp. Announces Positive Data from Phase 2a Study of CCH for Treatment of Cellulite 5A novel 'man and machine' decision support system makes malaria diagnostics more effective 2Internationals Seaweed Fertilizer Industry 2014 Development Trend Analysis in New Research Study at DeepResearchReports.com 2Internationals Seaweed Fertilizer Industry 2014 Development Trend Analysis in New Research Study at DeepResearchReports.com 3His Majesty Willem-Alexander, King of the Netherlands, to Attend Project LIBERTY opening 2His Majesty Willem-Alexander, King of the Netherlands, to Attend Project LIBERTY opening 3
... YORK, Sept. 19, 2011 Reportlinker.com announces ... available in its catalogue: ... http://www.reportlinker.com/p0618133/Established-and-Emerging-Biotech-Clusters.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Biotechnology ... geographically focused clusters of biotechnology companies and ...
... Biomedical Corporation, a developer of innovative continuous glucose ... (ICU), today announced that the company,s OptiScanner™ Automatic ... certification for use in the European Union.  This ... all relevant European Union consumer safety, health and ...
... TORONTO, ON Researchers from the University of Toronto (U ... (KAUST) and Pennsylvania State University (Penn State) have created the ... The discovery is reported in the latest issue of ... light and convert it into an energy source. Because of ...
Cached Biology Technology:Established and Emerging Biotech Clusters 2Established and Emerging Biotech Clusters 3Established and Emerging Biotech Clusters 4Established and Emerging Biotech Clusters 5Established and Emerging Biotech Clusters 6Established and Emerging Biotech Clusters 7Established and Emerging Biotech Clusters 8OptiScan Biomedical Receives CE Mark for OptiScanner Automatic Bedside Glucose Monitoring System 2OptiScan Biomedical Receives CE Mark for OptiScanner Automatic Bedside Glucose Monitoring System 3OptiScan Biomedical Receives CE Mark for OptiScanner Automatic Bedside Glucose Monitoring System 4U of T-led research improves performance of next-generation solar cell technology 2U of T-led research improves performance of next-generation solar cell technology 3
(Date:8/21/2014)... Aug. 21, 2014 /PRNewswire-iReach/ -- LiveScan Service ... agreed to a partnership with Gabriel Health Institute, ... fastest growing Certified Nursing Assistant preparatory schools. ...  an exclusive member of Binary,s LiveScan service provider,s ... will improve its service capabilities by widening ...
(Date:8/21/2014)... In a finding that has implications for life ... elsewhere in the solar system, LSU Associate Professor of ... the National Science Foundation, or NSF, this week published ... a lake that lies 800 meters (2600 feet) beneath ... "viable microbial ecosystems.", Given that more than 400 subglacial ...
(Date:8/21/2014)... Wednesday, Oct. 18-22, 2014 , WHERE: , ... San Diego, CA 92101 , WHAT: , ... of the latest research in human genetics. Examples ... high-scoring abstracts on rare genetic variants in health ... treatment for sun sensitivity (Saturday, Oct. 18, 5:30-7:30 ...
Breaking Biology News(10 mins):LiveScan Provider Binary Biometrics Announces Partnership with Preeminent CNA School, Gabriel Health Institute to Expand Services in Orlando Region 2LiveScan Provider Binary Biometrics Announces Partnership with Preeminent CNA School, Gabriel Health Institute to Expand Services in Orlando Region 3800 meters beneath Antarctic ice sheet, subglacial lake holds viable microbial ecosystems 2800 meters beneath Antarctic ice sheet, subglacial lake holds viable microbial ecosystems 3800 meters beneath Antarctic ice sheet, subglacial lake holds viable microbial ecosystems 4American Society of Human Genetics 2014 Annual Meeting 2
... tomorrow at NJIT from 8:30 a.m. - 4 p.m. ... secure schools, health and transportation facilities, protect customs, borders ... Presenters will include NJ State Police, Customs ... and Preparedness, U.S. Coast Guard and NJ Department of ...
... The discovery of a protein involved in the life-threatening ... the Florida State University College of Medicine attract a ... Branko Stefanovic, associate professor in the department of ... discovery could lead to treatment methods that may stem ...
... available in German . A group ... for Infection Research (HZI) in Braunschweig points out a ... myxobacteria, the substances prevent an enzym of the pathogens ... this way, the propagation of bacteria such as ...
Cached Biology News:FSU researcher's discovery leads to $1.5 million grant, potential new treatment of liver fibrosis 2New antibiotic candidates from Braunschweig 2New antibiotic candidates from Braunschweig 3