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China Biologic Reports Financial Results for the First Quarter of 2013
Date:5/8/2013

nd uncertainties discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Contact: China Biologic Products, Inc.
Mr. Ming Yin
Vice President
Phone: +86-10-6598-3099
Email: ir@chinabiologic.com

ICR Inc.
Mr. Bill Zima
Phone: +86-10-6583-7511 or +1-646-405-5191
E-mail: bill.zima@icrinc.com

Financial statements follow.CHINA BIOLOGIC PRODUCTS, INC. AND SUBSIDIARIESUNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOMEFor the three months ended March 31, March 31, 20132012Sales

$

54,031,732$

47,227,461Cost of sales16,616,75815,715,727Gross profit 37,414,97431,511,734Operating expenses Selling expenses1,836,3934,826,107General and administrative expenses 8,687,0977,145,794Research and development expenses 913,092710,588Income from operations 25,978,39218,829,245Other income (expenses)Equity in income of an equity method investee 128,9481,022,412Change in fair value of derivative liabilities -1,209,382Interest expense (236,174)(608,563)Interest income648,062543,395Other income (expenses), net -(100,989)Total othe
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SOURCE China Biologic Products, Inc.
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