Navigation Links
Yongye International Announces Second Quarter 2012 Financial Results
Date:8/9/2012

BEIJING, Aug. 9, 2012 /PRNewswire-Asia-FirstCall/ -- Yongye International, Inc. (NASDAQ: YONG), ("Yongye" or the "Company") a leading developer, manufacturer, and distributor of crop nutrient products in the People's Republic of China ("PRC"), today announced its financial results for the quarter ended June 30, 2012.

Second Quarter 2012 Financial Highlights

  • Revenue increased 14.8% to $177.6 million from $154.7 million in the second quarter of 2
  • Gross profit increased 17.8% year-over-year to $108.1 million
  • Income from operations increased 3.9% to $53.5 million
  • Net income attributable to Yongye increased 4.0% to $41.1 million from $39.5 million for the same period of 2011. Diluted earnings per share for the quarter was $0.74, compared to $0.77 for the same period of 2011
  • Adjusted net income attributable to Yongye, which excludes non-cash expenses related to share-based compensation for management and independent directors, the amortization of the acquired Hebei customer list, and a change in the fair value of derivative liabilities, was $43.0 million, or $0.78 per diluted share, compared to $40.5 million, or $0.82 per diluted share, in the same period last year*
  • Cash flows from operating activities was $8.1 million for six months ended June 30, 2012, compared to cash flows used in operating activities of $(27.8) million in the same period of 2011
  • It is important to note that, since the fourth quarter of 2011, for those provincial-level distributors with prolonged payment records, the Company has recognized revenue upon the receipt of cash, instead of upon shipments.  We continue to provide these provincial-level distributors with six-month credit terms. During the second quarter of 2012, the Company primarily collected cash for sales to these distributors with shipments made in the fourth quarter of 201
    '/>"/>

    SOURCE Yongye International, Inc.
    Copyright©2012 PR Newswire.
    All rights reserved

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

    Related biology technology :

    1. Yongye International to Report Second Quarter 2012 Financial Results on August 9, 2012
    2. Dyadic International to Announce Second Quarter 2012 Financial Results and Host Conference Call on Monday, August 13, 2012
    3. SRI International Researchers Developing Bioadhesive Gel to Protect Women from HIV and HSV Infections
    4. Elsevier Launches International Journal for Parasitology: Parasites and Wildlife
    5. Bio-Innovator Saneron CCEL Therapeutics Supports Cryo-Cell International Leadership and Board of Directors in Proxy Contest
    6. Bunker Hill Community College Student Speaks at 2012 BIO International Convention
    7. International Probiotics Association Excited To Learn The FDA Has Decided To Issue A New, Revised NDI Draft Guidance
    8. Promoting the States Quality of Life, New Jersey Symphony Orchestra to Perform at BIO International Convention
    9. International Survey of T2* Cardiovascular Magnetic Resonance in Thalassemia
    10. PAREXEL International To Present At Goldman Sachs Healthcare Conference And Jefferies Healthcare Conference
    11. QIAGEN Acquires AmniSure International to Add Unique Assay to Emerging Point of Need Portfolio
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:7/10/2014)... Understanding the need for better quality and ... gap that currently exists in this area, ChanTest has ... of validated ion channel and GPCR cell lines. ... ion channels control many critical physiological functions throughout the ... potential to treat a variety of human diseases. ...
    (Date:7/10/2014)... (PRWEB) July 10, 2014 OMICS Group’s ... techniques during 18-20 August, 2014 at Double Tree by ... the recent developments in Analytical & Bioanalytical research methods ... , Speaking on this occasion, Dr. Srinubabu Gedela, MD ... Acta conference is a remarkable one in bringing a ...
    (Date:7/10/2014)... , July 10, 2014 On ... Dmitry Medvedev , presented Russia,s ... BIOCAD . The Company is developing a unique project ... project BIOCAD develops a number of innovative drugs based ... diseases. The ceremony took place at the International Exhibition ...
    (Date:7/10/2014)... 10, 2014   Ceres, Inc . (Nasdaq: ... announced today financial results for the three months ended ... business. Ceres reported that the company and ... this growing season in Brazil, which concluded in June, ... sorghum evaluation areas for part of the growing season. ...
    Breaking Biology Technology:Leader in Ion Channel Research Announces Newly Validated and Re-Engineered Cells 2Leader in Ion Channel Research Announces Newly Validated and Re-Engineered Cells 3A Critical Review of Analytical Techniques for Improved Living Standards 2A Critical Review of Analytical Techniques for Improved Living Standards 3A Critical Review of Analytical Techniques for Improved Living Standards 4Dmitry Medvedev Presented BIOCAD the First National "Industry" Award 2Ceres Announces Fiscal Third Quarter 2014 Financial Results 2Ceres Announces Fiscal Third Quarter 2014 Financial Results 3Ceres Announces Fiscal Third Quarter 2014 Financial Results 4Ceres Announces Fiscal Third Quarter 2014 Financial Results 5Ceres Announces Fiscal Third Quarter 2014 Financial Results 6Ceres Announces Fiscal Third Quarter 2014 Financial Results 7Ceres Announces Fiscal Third Quarter 2014 Financial Results 8Ceres Announces Fiscal Third Quarter 2014 Financial Results 9
    ... 21, 2011  Palatin Technologies, Inc. (NYSE Amex: PTN ... Annual BIO Investor Forum on Wednesday, October 26, 2011 at ... (BIO), the 10th Annual BIO Investor Forum will take place ... Carl Spana, Ph.D., President and Chief Executive ...
    ... at Emory University have solved an important mystery about the ... The findings, published in the journal Science , ... the known rules, a problem that has baffled physical chemists ... pre-reactive, long-range force can align the reaction of a chorine ...
    ... Oct. 20, 2011 BioStorage Technologies, Inc. a ... storage and cold chain logistics for the bioscience ... Symposium at the International Contract Services Expo (ICSE), ... The symposium will include two ...
    Cached Biology Technology:Chemists find new dimension to rules for reactions 2Chemists find new dimension to rules for reactions 3BioStorage Technologies to Host Global Sample Management Benchmarking Symposium at International Contract Services Expo 2
    (Date:7/10/2014)... SPRINGS, Colo. , June 27, 2014 /PRNewswire/ ... that the National Institute of Standards and Technology ... 10 of its academic research and forensic science ... (FSSB).  The Board is an element of the ... AAFS members are among the first appointments made ...
    (Date:7/10/2014)... , July 2, 2014  Unisys Corporation,s (NYSE: ... , Unisys Nederland N.V., today announced that it has been ... implement and manage a new Basic Provision Biometrics solution for ... Unisys won the contract with a solution based on ... software. The term of the contract is up to seven ...
    (Date:7/10/2014)... , July 3, 2014 Research and ... of the "Global Gesture Recognition & Touch-Less ... Forecasts to 2020" report to their offering ... Global Gesture Recognition & Touch-Less Sensing Market to ... for a while, but the companies were unable ...
    Breaking Biology News(10 mins):Ten Members of the American Academy of Forensic Sciences Appointed to Forensic Science Standards Board (FSSB) 2Ten Members of the American Academy of Forensic Sciences Appointed to Forensic Science Standards Board (FSSB) 3Unisys Delivers New Basic Provision Biometrics Solution to Dutch Custodial Institutions Service 2Unisys Delivers New Basic Provision Biometrics Solution to Dutch Custodial Institutions Service 3Global Gesture Recognition & Touch-Less Sensing (2D, 3D, Ultrasonic, IR, Capacitive) Market - Forecasts to 2020 2
    ... PORTLAND, Ore. February 1, 2011. Fact: ... the temperature of the nest: warm nests produce females, cooler ... planet for about 220 million years, scientists now report that ... are working to understand how global warming may affect turtle ...
    ... S.C. The furry-looking insects start their development smaller ... soon develop an appetite for cotton as big as ... Clemson University entomologist Jeremy Greene planted two cotton varieties ... one not in a demonstration field at the ...
    ... HOUSTON -- (Feb. 1, 2011) -- Rice University ... Texas Children,s Hospital have successfully destroyed tumors of human ... a minimally invasive treatment that zaps glioma tumors with ... designed to destroy tumors with heat and avoid the ...
    Cached Biology News:Turtle populations affected by climate, habitat loss and overexploitation 2Technology protects cotton from caterpillar's appetite 2Early tests find nanoshell therapy effective against brain cancer 2
    ... nature of proteomics demands the detection of ... performance of the AXIMA-CFRplus with improved resolution ... ppm) provides increased confidence in protein identification. ... enhanced sensitivity, automated sample target handling and ...
    ...
    ... MALDI O-TOF creates a new category for ... platform that has been licensed to the ... Manitoba. , As the first single MALDI-TOF ... collisional cooling, the prOTOF 2000 represents a ...
    Rat Dermal Fibroblasts (RDF) (>500,000 cells)...
    Biology Products: