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

eholder structure, enhances shareholder value and may also improve our EPS performance."

Third Quarter 2013 Financial PerformanceTotal sales in the third quarter of 2013 were $53.2 million, compared to $53.1 million in the same quarter of 2012. Excluding the foreign currency impact, sales in RMB term decreased slightly by 2.5%. Third quarter sales results were primarily attributable to a 38% sales decline at the Company's Guizhou facility, due to the planned production suspension at this facility, which was in line with management's projection, partially offset by a 21% sales increase in the Company's Shandong facility. During the three months ended September 30, 2013, the average price for Company's human albumin products increased by approximately 11.0% and the average price for human immunoglobulin for intravenous injection ("IVIG") remained stable. The price increase for the human albumin products was primarily attributable to the increase of the retail price ceiling announced by the NDRC in January 2013.

During the third quarter of 2013, human albumin products and IVIG products remained the largest two sales contributors.

  • As a percentage of total sales, revenue from human albumin products was 49.7% in the third quarter of 2013 as compared to 43.3% in the same quarter of 2012. Sales volume of human albumin products increased slightly by 2.7% in the reporting quarter, primarily driven by increased sales at Shandong Taibang partially due to the delayed shipments.
  • As a percentage of total sales, revenue from IVIG products was 32.3% in the third quarter of 2013 as compared to 44.1% in the same quarter of 2012. Sales volume of IVIG products decreased by 27.2% in the quarter, mainly due to the reduced production volume as a result of the planned production suspension at Guizhou Taibang.
  • Cost of sales increased slightly to $17.2 million in the third quarter of 2013 from $16.9 million in the same quarter of 2012. Cost o
    '/>"/>

    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:7/25/2014)... BERWYN, Pa. , July 25, 2014  AMETEK, ... appointment of Kurtis L. Goos as Vice ... Engineered Materials, Interconnects and Packaging (EMIP) Division. ... has extensive general management and business development experience, especially ... to make important contributions to the continued growth and ...
    (Date:7/25/2014)... July 25, 2014  Arena Pharmaceuticals, Inc. (NASDAQ: ... corporate update and report second quarter 2014 financial results ... August 1, 2014. That same day, Arena will host ... Time (5:30 a.m. Pacific Time). The ... domestic callers and 914.495.8552 for international callers. Please specify ...
    (Date:7/24/2014)...  PTC Therapeutics, Inc. (NASDAQ: PTCT ) ... conference call to report its second quarter 2014 financial ... and outlook on Thursday, August 7, 2014 at 8:30 ... The call can be accessed by dialing ... prior to the start of the call and providing ...
    Breaking Medicine Technology:AMETEK Names Kurtis L. Goos, Vice President & General Manager, Engineered Medical Components 2Arena Pharmaceuticals to Host Corporate Update and Financial Results Conference Call and Webcast on Friday, August 1 2Arena Pharmaceuticals to Host Corporate Update and Financial Results Conference Call and Webcast on Friday, August 1 3
    ... secret is finally reaching the east coast and all points ... health and beauty boutique named Endless Youth and Life is ... supplement is helping thousands of Americans shed excess abdominal fat ... Just a few capsules per day and their stomachs are ...
    ... Inc. (NASDAQ: IPHS ) today announced that its ... $0.25 per share of common stock.  The dividend will be ... of the close of business on October 14, 2011. ... American producer of specialty phosphate products, offering performance-critical ingredients with ...
    Cached Medicine Technology:Beverly Hills Secret Now Helping People Across The Country 2
    (Date:7/25/2014)... As reported by the Statesman Journal in ... (7/20), police in Salem, MA as well as several ... recent heroin epidemic that has taken many lives during the ... overdose case in which police were able to make two ... By pretending to be the victim and claiming to want ...
    (Date:7/25/2014)... NY (PRWEB) July 25, 2014 ... prices across the board for the Guinness International Champions ... and Olympiacos FC at Soldier Field on Sunday, ... offering their customer appreciation promo/coupon/offer code SOCCER-2014 for added ... amazing year for diehard soccer fans in North America. ...
    (Date:7/25/2014)... -- Seniors are more easily distracted during thinking and ... "Almost any type of memory test administered reveals ... on," study co-author Randi Martin, professor of psychology at ... However, Martin said, this study shows that "environmental interference" ... compared with younger adults. The study included 60 ...
    (Date:7/25/2014)... UT (PRWEB) July 25, 2014 ... surfaces for the recent Nike National Invitational Tournament ... current United States Junior National Tournament (USJN) ... 25. , The flooring for these prestigious national tournaments ... than 300,000 square feet of playing surface at McCormick ...
    (Date:7/25/2014)... Reproductive Science Center (RSC) of New England ... Lead Physician at RSC Rhode Island, received the distinguished ... fertility care and community outreach issued by Providence Business ... Awards ceremony held July 24th at Salve Regina University ... regarded, emerging leaders in their field were recognized by ...
    Breaking Medicine News(10 mins):Health News:Multiple States Crack Down on Heroin Epidemic 2Health News:Liverpool FC vs. Olympiacos FC Tickets Soldier Field: Ticket Down Slashes Ticket Prices for Guinness International Champions Cup in Chicago on Sunday, July 27th 2Health News:Distractions Seem More Troublesome With Age 2Health News:Sport Court Provides All Sports Flooring for Basketball Events in Chicago and Washington D.C. 2Health News:Dr. Kerri Luzzo of the Reproductive Science Center of Providence Receives “40 Under Forty Award" for Outstanding Professional Accomplishments and Community Outreach 2
    ... the way the industry outsources its services by providing a backroom ... professionals and resellers. , ... Bohemia, NY (Vocus) April, ... specialized expertise and only generates a few cents in revenue? This ...
    ... over-the-counter melatonin reduces time to slumber , , FRIDAY, April ... treat sleep problems in children with autism, a small ... aged 2 to 15 years, with autism spectrum disorder, ... randomly selected to take melatonin or a placebo for ...
    ... MIAMI, April 17 Not since the United States ... such significant hardships to their health and well-being across ... wellness. Losing jobs at a rapid pace, people are ... of identity, security and status. Yet Miami,s St. ...
    ... events have led people to re-examine their lifestyles and ... that it is time to get to the basics ... to start their families now, instead of waiting for ... a growing number of couples who are consulting fertility ...
    ... DEBRECEN, Hungary, April 17 Bertalan Mesko, medical blogger ... with his readers. EchoJournal, a video site designed to ... by the editorial team of one of the most ... features familiar to users of other video sharing sites, ...
    ... experts say results from the small study are no reason ... -- Lower hormone levels in women who exercise regularly and ... a new study suggests. , But the muscle-mass differences between ... did not affect performance. , At this point, ...
    Cached Medicine News:Health News:Penny Imaging Exchange, Inc. Outlines the Trend & Economics of Scanning Microfilm 2Health News:Penny Imaging Exchange, Inc. Outlines the Trend & Economics of Scanning Microfilm 3Health News:Melatonin May Ease Sleep Problems in Autistic Children 2Health News:Good News for Tough Times: Small, Private University Responds to Today's Economic Challenges 2Health News:Family Cocooning in the Face of Recession Leads to Expanded Business for Bay Area Fertility Doctor - Dr. Danielle Lane 2Health News:The Pill May Limit Muscle Gains in Women 2
    ... reference laboratory and a worldwide leader in ... an extensive test menu of highly complex ... anatomic pathology. Owned by the University of ... half of the nation's university teaching hospitals ...
    ... 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 ...
    ... 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 ...
    ... 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 ...
    Medicine Products: