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

r income (expenses), net 540,8362,065,637Earnings before income tax expense 26,519,22820,894,882Income tax expense 4,606,9023,176,715Net income 21,912,32617,718,167Less: Net income attributable to noncontrolling interest 6,996,4664,760,861Net income attributable to China Biologic Products, Inc.

$

14,915,860$

12,957,306Net income per share of common stock: Basic

$

0.55$

0.51Diluted

$

0.53$

0.44Weighted average shares used in computation: Basic 26,785,54125,601,125Diluted 27,915,50626,547,885Net income

$

21,912,326$

17,718,167Other comprehensive income :Foreign currency translation adjustment, net of nil income taxes 1,396,5411,176,957Comprehensive income 23,308,86718,895,124Less: Comprehensive income attributable to noncontrolling interest 7,159,1575,015,835Comprehensive income attributable to China Biologic Products, Inc.

$

16,149,710$

13,879,289CHINA BIOLOGIC PRODUCTS, INC. AND SUBSIDIARIESUNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETSMarch 31, December 31, 20132012ASSETS Current Assets Cash and cash equivalents

$

138,709,901$

129,609,317Accounts receivable, net of allowance for doubtful accounts'/>"/>

SOURCE China Biologic Products, Inc.
Copyright©2012 PR Newswire.
All rights reserved

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