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China Biologic Reports Financial Results for the Second Quarter and First Half of 2013
Date:8/6/2013

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

 CHINA BIOLOGIC PRODUCTS, INC. AND SUBSIDIARIES UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOMEFor the three months ended For the six months ended June 30, June 30, June 30, June 30, 2013201220132012Sales$

53,580,523$

50,466,339$

107,612,255$

97,693,800Cost of sales16,122,26216,130,88932,739,02031,846,616Gross profit 37,458,26134,335,45074,873,23565,847,184Operating expenses 
Selling expenses
2,441,7274,165,2424,278,1208,991,349General and administrative expenses 8,866,0717,932,37217,553,16815,078,166Research and development expenses 835,150929,4891,748,2421,640,077Income from operations 25,315,31321,308,34751,293,70540,137,592Other income /(expenses)Equity in income of an equity method investee 610,997451,891739,9451,474,303Change in fair value of derivative liabilities -559,758-1,769,140Interest expense
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SOURCE China Biologic Products, Inc.
Copyright©2012 PR Newswire.
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