Navigation Links
China Biologic Reports Financial Results for the Third Quarter and First Nine Months of 2013
Date:11/5/2013

BEIJING, Nov. 5, 2013 /PRNewswire-FirstCall/ -- China Biologic Products, Inc. (NASDAQ: CBPO, "China Biologic" or the "Company"), a leading fully integrated plasma-based biopharmaceutical company in China, today announced its unaudited financial results for the third quarter of 2013.

Third Quarter 2013 Financial Highlights

  • Total sales in the third quarter of 2013 were $53.2 million, compared to $53.1 million in the same quarter of 2012.
  • Gross profit decreased slightly to $36.0 million from $36.2 million in the same quarter of 2012. Gross margin was 67.7% in the third quarter of 2013, compared to 68.1% in the third quarter of 2012.
  • Income from operations increased by 13.4% to $23.2 million from $20.4 million in the same quarter of 2012. Operating margin increased to 43.6% in the third quarter of 2013 from 38.4% in the same quarter of 2012.
  • Net income attributable to the Company increased by 7.9% to $14.7 million from $13.6 million in the same quarter of 2012. Fully diluted net income per share was $0.53 in the third quarter of 2013 as compared to $0.50 in the same quarter of 2012.
  • Non-GAAP adjusted net income attributable to the Company was $15.5 million, representing a 5.8% increase from $14.7 million in the same quarter of 2012. Non-GAAP adjusted net income per share was $0.56, compared to $0.54 in the same quarter of 2012.
  • Mr. David (Xiaoying) Gao, Chairman and Chief Executive Officer of China Biologic, commented, "We are pleased with our solid financial performance and sound operational execution in the third quarter, particularly in comparison with the third quarter in the prior year, which was also a strong quarter. Our Shandong facility experienced a double-digit sales increase in the third quarter and, as anticipated, our Guizhou facility suspended production since June 1, 2013. The financial impact associated with our Guizhou facility remains in-line with our internal forecast and
    '/>"/>

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

    Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

    Related medicine technology :

    1. Governor-General of Australia Ms. Bryce Visits Sichuan University and Investigates Australia Cochlear Cochlea Project in West China Hospital, Sichuan University
    2. The Medical Device Market: China
    3. China Biologic Products to Report Third Quarter 2013 Financial Results
    4. MEDTEC China 2013: Close to 8,000 Industry Professionals Make Show an Outstanding Success
    5. What U.S. Doctors Know That Has Not Yet Reached China
    6. PharmaPoint: Alzheimers Disease - China Drug Forecast and Market Analysis to 2022
    7. Micell Technologies Announces Development and Distribution Agreement to Bring MiStent SES to China
    8. China Nepstar Chain Drugstore Schedules Annual General Meeting of Shareholders for October 25, 2013
    9. MEDTEC China 2013: Shaping Up to be The Most Successful Event Ever
    10. PharmaPoint: Dry Eye Syndrome - China Drug Forecast and Market Analysis to 2022
    11. Ventana receives approval from Chinas FDA for first fully automated IHC companion diagnostic identifying ALK protein expression in lung cancer patients
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:2/27/2015)... Feb. 27, 2015 An aggressive campaign to ... the rate of infection with a dangerous drug-resistant bacteria ... Clostridium difficile, or C.diff, is a bacterium that ... of the colon. A recent article in the New ... Infection in the United States " ...
    (Date:2/27/2015)... MISSISSAUGA, ON , Feb. 27, 2015 /CNW/ - Covalon ... advanced medical technologies company, today announced financial results for ... For the three months ended December 31, 2014, ... for the quarter was $229,820 or $0.02 per share.  ... Pedlar , said "I am very pleased with the ...
    (Date:2/27/2015)... Laboratories Corp. (OTC:DWTPD), a Delaware ... Laboratories, Inc., a Toronto corporation ... investors of units consisting of its common stock and ... Shares of the Company,s common stock will continue to ... "DWTPD" until FINRA,s approval of the ticker "BNKL." ...
    Breaking Medicine Technology:Curb Overuse Of Antibiotics To Reduce Drug-Resistant Superbug 2Curb Overuse Of Antibiotics To Reduce Drug-Resistant Superbug 3Covalon Announces First Quarter Financial Results 2Covalon Announces First Quarter Financial Results 3Bionik Laboratories Raises $6.2 Million 2Bionik Laboratories Raises $6.2 Million 3
    ... Nov. 6 Caraco Pharmaceutical Laboratories, Ltd. (NYSE ... ophthalmic solution, 0.5% following a final approval from ... Sun Pharma,s Abbreviated New Drug Application (ANDA) for ... following patent expiration. This strength of ketorolac is ...
    ... Nov. 6 Derma Sciences, Inc. ... products, announced plans to release its third quarter 2009 results ... hold a conference call that same day to discuss the ... 788-0546 (domestic) or (857) 350-1684 (international), with passcode 81416481 to ...
    Cached Medicine Technology:Caraco Pharmaceutical Laboratories, Ltd. Markets Generic Acular(R) Ophthalmic Solution 2Derma Sciences Announces Date of Its Third Quarter 2009 Earnings Release and Conference Call 2
    (Date:3/1/2015)... “ The Barrel Mill ” was featured on NewsWatch ... look at the latest and coolest technology products and services ... a technology expert, conducted the review and shared with viewers ... According to Home Distillation of Alcohol, it's understood that oak ... pretty cool product that’ll help anyone achieve a barrel aged ...
    (Date:3/1/2015)... February 28, 2015 CrossFit Attollo is a ... are offering a special discount to new members. Now ... for a three month contract will receive their fourth month ... would cost members $440. The three month contract is ... and then the fourth month comes in at only $55. ...
    (Date:2/28/2015)... In recent years Medical Marijuana has continuously ... as a way for them to expand their patient base ... medicine. Since the FDA still lists Cannabis as a Schedule ... licensed physicians that can help guide them when recommending ... in Santa Cruz, CA is a leader in the ...
    (Date:2/28/2015)... February 28, 2015 In a recent ... of Game Change Athlete Development Services ... about the benefits of athlete development and player engagement ... the unique challenges that athletes face and how off-field ... success. , Fletcher became involved in athlete development issues ...
    (Date:2/28/2015)... 2015 With their commitment to achieving ... an additional exercise to their already robust library of ... most commonly known as, is often performed on a ... executed in a relatively safe manner and can be ... The full description of “Rope Pulls” is located in ...
    Breaking Medicine News(10 mins):Health News:An Oak Infusion Spiral was Featured on NewsWatch Television on January 30, 2015 2Health News:CrossFit Gym in Vancouver WA Offers Spring Special 2Health News:Reputable Cannabis Doctor In Santa Cruz and Monterey Joins the Medical Cannabis Network 2Health News:SCI TV Covers Athlete Development with Duncan Fletcher 2Health News:SCI TV Covers Athlete Development with Duncan Fletcher 3
    ... law suit filed against sunscreen manufacturers in California as they ... on the other hand still recommend the liberal use of ... (SPF) ratings nor the label on the products gives a ... not cause burning but do cause aging of the skin ...
    ... of marriages. // ,Pathology labs in the city have registered ... season. ,Rajesh Bose (name changed) got an HIV test ... But her parents thought I was a flirt," said Bose. "But when ... ,Not only men but prospective brides too are going in ...
    ... Roseborough et al., mitochondrial K-ATP channel opener, diazoxide, prevents ... are the common problems that occur during aortic surgery ... in neurological deficits. But the works of Roseborough et ... injuries. , The results of his work ...
    ... protein present in chronic inflammatory conditions called heat shock ... – which is associated with the immune responses, a ... ,The specific response has earlier been observed in juvenile ... the role of HSP60 in inflammatory myositis. Inflammatory myositis ...
    ... club, for people living with HIV/Aids, started by Luta Shaba, an ... country. // ,Shaba says she dreams of ... use recommended safe sex methods. She says many of her ... large social stigma attached to HIV/Aids. Her club is a huge ...
    ... a coordinated action plan to check the deteriorating sexual ... ,The plan by UN agencies, WHO and UN Population ... more than half a million women die during pregnancy ... annually. , ,"There is a really worrying rise ...
    Cached Medicine News:Health News:New Way To Combat Spinal Cord Injury during Aortic Surgery 2Health News:Proteins – A New Way to Treat Children's Muscle Diseas 2
    Provides bright output and rotating lens with ultra-seal for pneumatic otoscopy....
    ... delivers power and reliability with proprietary ... Diode side-pumping technology drives 2.5 W ... Spectra system, and active resonator temperature ... system reliability from your first treatment ...
    Features soft, low friction sheath that extends beyond the tip....
    Facilitates intubation of tracheal tubes....
    Medicine Products: