Navigation Links
China Sky One Medical, Inc. Announces Record Fourth Quarter and Fiscal Year 2007 Results
Date:4/2/2008

h quarter of 2006. Operating expenses were 38.8% of total revenues in the fourth quarter of 2007, improved from 96.7% in the fourth quarter of 2006 due to efficiencies as the Company grows in scale.

Operating income was $4.9 million, compared with a loss of $532,262 in the fourth quarter of 2006. Operating margin was 38.9%, compared to negative 13.5% in the fourth quarter of 2006.

Provision for income taxes was $0.9 million in the fourth quarter of 2007, compared to $0.3 million in the same quarter of the previous year.

Net income for the fourth quarter of 2007 was $4.1 million, or $0.31 per diluted share, compared to loss of $1.0 million, or ($0.08) per diluted share, in the fourth quarter of 2006.

Full Year 2007 Results

For the full year 2007, total revenues were $49.3 million, up 148% from $19.8 million in 2006. Product sales increased 171% year-over-year to $36.3 million, or 74% of total revenues, and contract sales increased 104% year-over-year to $13.0 million, or 26% of total revenues, in 2007. Gross profit for the full year 2007 was $38.4 million, an increase of 159% from $14.8 million in 2006. Gross profit margin increased from 74.5% in 2006 to 77.8% in 2007. Operating income was $18.6 million, up 863% from $1.9 million in 2006. Operating margin was 37.7%, up from 9.7% in 2006. Net income for 2007 was $15.3 million or $1.15 per diluted share, compared to $0.6 million, or $0.05 per diluted share, in 2006.

Financial Condition

As of December 31, 2007, China Sky One had $9.2 million in cash and equivalents, approximately $15.4 million in working capital, and no debt. Stockholders' equity at December 31, 2007 was $32.2 million, a 125% increase over the $14.3 million recorded at December 31, 2006. The Company generated $11.6 million in net cash flow from operating activities in 2007, up from $5.2 million in 2006.

In February 2008, the Company completed a private placement of its common stock and warrants gen
'/>"/>

SOURCE China Sky One Medical, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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

Related medicine news :

1. China Shenghuo Pharmaceutical Holdings, Inc. to Present at Brean Murray Carret & Co. Mainland China Investor Tour
2. China Nepstar Chain Drugstore to Accept TransCard at Shenzhen Outlets
3. China Bionanometer Industries (CBIU) Describes their Current Production Capacity and Product Lines
4. Simcere Pharmaceutical Group Announces Participation in Brean Murray Carret & Co.s Fourth Investor Tour of China
5. China Shenghuo Reports Full Year 2007 Financial Results
6. China Shenghuo Pharmaceutical Holdings, Inc. Schedules Conference Call to Discuss FY 2007 Results
7. China Medicine Corporation to Present at Brean Murray Carret & Co. Mainland China Investor Tour
8. China Yingxia International, Inc. Announces Record Fourth Quarter and Year 2007 Results
9. China Yingxia International Announces Soybean Milk Production Lines Acquisition
10. Cells from the Research Institute of the MUHC on the road to China
11. China Medicine Announces Record Fourth Quarter and Fiscal Year 2007 Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/18/2014)... Steven Reinberg ... News) -- People with the abnormal heartbeat known as ... their risk for bleeding and blood clots, according to ... among patients who took a blood thinner along with ... include aspirin, ibuprofen (Motrin), naproxen (Aleve) and celecoxib (Celebrex). ...
(Date:11/18/2014)... 17, 2014 (HealthDay News) -- Women who started smoking ... for chronic, severe menstrual pain, a new study suggests. ... pain. While smoking has been suspected as a risk ... inconclusive, the authors of the new study said. ... in a long-term study of women,s health in Australia. ...
(Date:11/18/2014)... OpenWorks, one of America’s leading commercial cleaning franchises, ... Invitational. The John C. Lincoln Health Foundation holds the ... Mission community programs. Open Works was a Tee Sponsor ... at Camelback Golf Club in Scottsdale. More than 250 ... Mission — including a food bank, children's dental clinic, ...
(Date:11/18/2014)... 2014 Sorrel Sky Gallery welcomes ... special selection of her beautiful, one-of-a-kind pieces. Just in time ... to the gallery, Friday, December 5 from 5 – 7:30 ... , Showers artistic creations began at her grandmother’s kitchen table ... inspire her designs. She studied at the Gemological Institute of ...
(Date:11/18/2014)... (HealthDay News) -- Hispanic women who,ve had at least five ... of heart trouble than those who,ve had fewer children or ... led by Shivani Aggarwal of Wake Forest School of Medicine ... Chicago, Miami, New York City and San Diego. About 12 ... children. A type of heart trouble called ventricular diastolic ...
Breaking Medicine News(10 mins):Health News:Some Painkillers Tied to Bleeding Risk in Those With Abnormal Heartbeat 2Health News:Study Ties Teen Smoking to Risk of Severe Menstrual Cramps 2Health News:OpenWorks Sponsors 2014 Lincoln Guild Invitational Golf Tournament Hosted by Scottsdale's Camelback Golf Club 2Health News:Elizabeth Showers Trunk Show & Personal Appearance Hosted by Sorrel Sky Gallery 2Health News:Certain Heart Dysfunction More Likely in Hispanic Women With Many Kids: Study 2
... , , SUNNYVALE, ... a global leader in the field of radiosurgery today announced that ... Robotic Radiosurgery System at Hopital Notre-Dame du CHUM, in Montreal, Canada. ... the CHUM,s Radio-oncology Department is a definite asset for our treatment ...
... , MOUNTAIN VIEW, Calif., Sept. 16 Recognized for ... Graham, will provide insight on health care reform at the Silicon ... a.m. at the Rotary Summit Center. , , With ... health care reform debate. El Camino Hospital, a non-profit community hospital that ...
... PARK, N.C., Sept. 16 GlaxoSmithKline (NYSE: GSK ) ... for patients who are unemployed, uninsured or struggling to make ends ... its patient assistance program, Bridges to Access, by offering two ways ... by telephone with the help of a healthcare advocate such as ...
... , WASHINGTON, Sept. 16 The U.S. ... to include a boxed warning regarding the injectable form of the ... will highlight the risk of serious tissue injury when this drug ... to the new boxed warning for this product, which is used ...
... , , FALLS CHURCH, ... recognized and innovative leader in digital pathology solutions, has been ... as the vendor to implement its digital pathology informatics vision. ... (Picture Archive and Communication System) solution to meet their operational ...
... , , , SEBASTOPOL, ... and exotic ingredients grows, rainforest-grown yerba mate is ... hit the market. , , (Photo: ... , a pioneer and leader in the yerba mate beverage category, ...
Cached Medicine News:Health News:First CyberKnife System Installed in Canada 2Health News:First CyberKnife System Installed in Canada 3Health News:First CyberKnife System Installed in Canada 4Health News:El Camino Hospital Provides Local Perspective on Health Care Reform and Innovation at Silicon Valley Healthcare CEO Summit 2Health News:GSK Makes it Easier for Unemployed, Uninsured to Get Free Medicines 2Health News:GSK Makes it Easier for Unemployed, Uninsured to Get Free Medicines 3Health News:FDA Requires Boxed Warning for Promethazine Hydrochloride Injection 2Health News:Apollo PACS, Inc. Selected by Henry Ford Health System for Its Digital Pathology Solution 2Health News:Apollo PACS, Inc. Selected by Henry Ford Health System for Its Digital Pathology Solution 3Health News:Guayaki Delivers Powerful Rainforest Experience with Newest Yerba Mate Beverage Innovations 2Health News:Guayaki Delivers Powerful Rainforest Experience with Newest Yerba Mate Beverage Innovations 3
(Date:11/18/2014)... , November 18, 2014 Investor-Edge ... EXEL ), Geron Corporation (NASDAQ: GERN ... Biopharma Inc. (NASDAQ: GALE ), and XOMA Corporation ... companies can be accessed at: http://investor-edge.com/register . ... a mixed note as the Dow Jones Industrial Average finished ...
(Date:11/18/2014)... Nov. 18, 2014 Pressure BioSciences, Inc. ... the installation of its first two Barozyme HT-48 ... potential sale. One system was placed in the ... Georgetown University while the other was placed in ... both settings, the Company believes the new systems ...
(Date:11/18/2014)... , November 18, 2014 ... knowledge of the overall new requirements of application dossiers ... China but also provides the guidance of ... for your products entry into the Chinese medical device ... medical device market is one of segment market of ...
Breaking Medicine Technology:Today's Review on Biotech Equities - Exelixis, Geron, Tekmira Pharma, Galena Biopharma, and XOMA 2Today's Review on Biotech Equities - Exelixis, Geron, Tekmira Pharma, Galena Biopharma, and XOMA 3Today's Review on Biotech Equities - Exelixis, Geron, Tekmira Pharma, Galena Biopharma, and XOMA 4Today's Review on Biotech Equities - Exelixis, Geron, Tekmira Pharma, Galena Biopharma, and XOMA 5Pressure BioSciences Ships First Two Barozyme HT48 Systems 2Pressure BioSciences Ships First Two Barozyme HT48 Systems 3Pressure BioSciences Ships First Two Barozyme HT48 Systems 4Pressure BioSciences Ships First Two Barozyme HT48 Systems 5Guide to Prepare Application Dossiers for Oversea Medical Device Registration and Recordation in China (2014 Edition) 2Guide to Prepare Application Dossiers for Oversea Medical Device Registration and Recordation in China (2014 Edition) 3Guide to Prepare Application Dossiers for Oversea Medical Device Registration and Recordation in China (2014 Edition) 4Guide to Prepare Application Dossiers for Oversea Medical Device Registration and Recordation in China (2014 Edition) 5Guide to Prepare Application Dossiers for Oversea Medical Device Registration and Recordation in China (2014 Edition) 6Guide to Prepare Application Dossiers for Oversea Medical Device Registration and Recordation in China (2014 Edition) 7Guide to Prepare Application Dossiers for Oversea Medical Device Registration and Recordation in China (2014 Edition) 8
... Ariz.--(BUSINESS WIRE)--Jun 27, 2007 - Annals of,Internal Medicine ... on the impact of genistein on bone loss. ... Metabolism in Osteopenic,Postmenopausal Women-A Randomized Trial," appears in ... safety and efficacy of,genistein for the dietary management ...
... & CEO of the Lupus,Foundation of America, Inc., ... of America, Inc. and more than 1.5 million ... of the Phase,III clinical trials for CellCept(R), a ... Aspreva Pharmaceutical,Company. Development of new treatments for lupus ...
Cached Medicine Technology:New Proof of Genistein's Efficacy and Safety for Osteopenia and,Osteoporosis Published in Annals of Internal Medicine 2New Proof of Genistein's Efficacy and Safety for Osteopenia and,Osteoporosis Published in Annals of Internal Medicine 3Lupus Foundation of America Statement on Results for Clinical Study,of CellCept Released by Aspreva Pharmaceutical Company 2
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
... Laboratories is a national reference laboratory and ... and development. ARUP offers an extensive test ... tests in clinical and anatomic pathology. Owned ... clients include more than half of the ...
Medicine Products: