Navigation Links
China Medicine Announces Strong Third Quarter 2009 Results
Date:11/16/2009

ranslates to a 71.1% increase in net income for the third quarter of 2009 compared to the same period last year.

Nine Month Results

For the first nine months of 2009, total revenues increased to $44.3 million, up 51.7% from $29.2 million in first nine months of 2008. Gross profit increased 24.8% to $12.1 million in the first nine months of 2009, versus $9.7 million in the first nine month of 2008. Gross margin was 27.4% in the first nine months of 2009 compared to 33.3% during the first nine months of 2008. Operating income in the first nine months of 2009 increased 20.1% to $8.1 million compared to $6.7 million in the first nine months of 2008. Net income for the first nine months of 2009 was $3.8 million or $0.25 per diluted share, compared to $5.6 million, or $0.36 per diluted share in the first nine months of 2008. Adjusted net income, excluding expenses related to $2.1 million fair value of warrants, was $5.9 million in first nine months of 2009, or $0.39 per diluted share, which translates to a 5.7% increase in net income for the first nine months of 2009 compared to the same period last year.

Financial Condition

As of September 30, 2009, China Medicine had $2.2 million in cash and cash equivalents. Working capital was approximately $32.1 million. Accounts receivable stood at $14.9 million as of September 30, 2009, down from $19.2 million as of December 31, 2008, reflecting increased customer collections. China Medicine Corporation Stockholders' equity as of September 30, 2009 was $46.4 million compared to $42.8 million recorded as of December 31, 2008. For the nine months ended September 30, 2009, cash from operating activities was $3.5 million. Cash flow used in investing activities was $7.1 million for the nine months ended September 30, 2009, versus $3.0 million for the nine months ended September 30, 2008. The increase is attributable to the purchase of equipment used to expand the Company
'/>"/>

SOURCE China Medicine Corporation
Copyright©2009 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. Chindex International Announces Participation in Brean Murray, Carret & Co. 2009 China Growth Conference
2. China National Medicines Corporation Issues Milestone Purchase Order for 12,000 STA Systems
3. China Medicine Corporation to Acquire Pharmaceutical Manufacturer in Guangzhou
4. NeoStem Acquires China Biopharmaceuticals Holdings, Inc.; Obtains Controlling Interest in Profitable Leading Chinese Pharmaceutical Company
5. China Biopharmaceuticals Holdings, Inc. Shareholders Overwhelmingly Support Merger with NeoStem, Inc., a NYSE AMEX Listed Company Trading Under Symbol NBS
6. China-Biotics, Inc. Begins Trial Production at New Facility, Affirms 2010 Revenue Guidance
7. Varian Medical Systems to Exhibit a Wide Selection of Flat Panel X-Ray Image Detectors and X-Ray Tubes at the CMEF Show in Chengdu, China
8. China Medical Technologies to Hold its Annual General Meeting on November 16, 2009
9. Reportlinker Adds Outsourcing Preclinical Studies to China
10. Baxa Corporation Signs Exclusive Distribution Agreement With Leading Pharmaceutical Corporation in Peoples Republic of China
11. China Yongxin Pharmaceuticals Inc. Announces Second Quarter 2009 Financial Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/1/2015)... NOWDiagnostics Inc., based in Springdale, Ark. ... Canada , a move that brings the ... people have greater access to information concerning their health. ... unique blood-based rapid tests that allow health care providers ... of ailments and diseases. ZBx Corporation, a ...
(Date:9/1/2015)... Sept. 1, 2015 Emerus Holdings, a ... emergent, inpatient and diagnostic care in partnership with ... a definitive agreement to receive a strategic investment ... a leading health care investment firm. ... patient-centric acute episodic and ambulatory clinical services to ...
(Date:9/1/2015)... , Sept. 1, 2015 Sleep ... sleep therapy, and HGE Health Care Solutions, a ... announced today a comprehensive sleep management and cost ... (OSA). OSA is a chronic medical ... sleep and may increase a patient,s risk for ...
Breaking Medicine Technology:NOWDiagnostics Inc. Acquires Canada's ZBx Corporation 2NOWDiagnostics Inc. Acquires Canada's ZBx Corporation 3Emerus Announces Significant Strategic Investment By Welsh, Carson, Anderson & Stowe 2Emerus Announces Significant Strategic Investment By Welsh, Carson, Anderson & Stowe 3Sleep Specialists, LLC and HGE Health Care Solutions Announce Comprehensive Sleep Program 2
... 2012 /PRNewswire-Asia/ -- As the whole world battles against cancer, ... a great improvement. Cancer is still the number one cause ... patients have, in recent times, managed to survive for more ... are available in Korea. The Korean government recently ...
... TeDan Surgical Innovations , industry leader in surgical ... Series MIS Anterior Hip Retractor System . TeDan Surgical,s ... arms with attachable retractors, enabling surgeons to perform the ... assistant. Dr. Lawrence Menendez and Dr. ...
Cached Medicine Technology:Survival Rate of Cancer Patients in Korea Ranked in the Top in the World 2New Minimally Invasive Hip Retractor Revolutionizes Anterior Hip Replacement Procedures 2
(Date:9/1/2015)... ... , ... Earth Brands, ( http://www.earthbrands.com ) a comfort-meets-fashion women’s ... buys an Earth Brand shoe will be given an opportunity to plant a ... a nonprofit dedicated to planting more trees. Earth Brands products represent contemporary designs ...
(Date:9/1/2015)... ... 01, 2015 , ... ProRehab Physical Therapy , Louisville’s ... with Apex Physical Therapy (Apex) is official as of August 26, ... and empathetic care to local residents from their combined eight locations throughout Louisville. ...
(Date:9/1/2015)... ... September 01, 2015 , ... Stress comes in ... from everyday life changes can lead to very serious, life-altering events. Fortunately nature ... with stress. Herbal supplement manufacturer MediHerb has coupled therapeutic doses of ...
(Date:9/1/2015)... ... , ... From Aug. 17-21, Calvary Hospital hosted the 18th consecutive session of ... has taken place at Kingsborough Community College in Brooklyn in each of the past ... Calvary, and two junior counselors who were campers themselves just a few years ago. ...
(Date:9/1/2015)... ... September 01, 2015 , ... Horizon Blue Cross Blue Shield ... Companies for Latinas in the LATINA Style 50 Report that recognizes companies that provide ... , For 2015, Horizon BCBSNJ climbs from number 24 to 21 of the 50 ...
Breaking Medicine News(10 mins):Health News:Earth Brands Footwear Partners with Trees for the Future for Launch of Fall Collection: Buy Shoes, Plant a Tree 2Health News:Earth Brands Footwear Partners with Trees for the Future for Launch of Fall Collection: Buy Shoes, Plant a Tree 3Health News:ProRehab Physical Therapy Partnership with Apex Physical Therapy Now Official 2Health News:ProRehab Physical Therapy Partnership with Apex Physical Therapy Now Official 3Health News:MediHerb Launches New Herbal Supplement to Help with the Challenges of Everyday Life 2Health News:MediHerb Launches New Herbal Supplement to Help with the Challenges of Everyday Life 3Health News:Calvary Hospital Hosts 18th Annual Bereavement Camp 2Health News:Calvary Hospital Hosts 18th Annual Bereavement Camp 3Health News:Horizon Blue Cross Blue Shield of New Jersey Named One of the 50 Best Companies for Latinas by Latina Style Magazine 2Health News:Horizon Blue Cross Blue Shield of New Jersey Named One of the 50 Best Companies for Latinas by Latina Style Magazine 3
... Medical Clinics Connect on Common Secure Messaging ... ... Kryptiq Corporation, the,leading provider of next generation healthcare connectivity solutions,today ... Connect IQ(TM) Software Development Kit (SDK) to,incorporate secure messaging into an ...
... Shows for the First Time That Electronic Medical Record,Helps Patients ... ... Fewer Staff Required, BOULDER, Colo. and NEW YORK, Feb. ... Medical Informatics and Decision Making,has demonstrated for the first time ...
... Feb. 14 Take advantage of a local,opportunity ... companies on,the many challenges companies face capturing the ... and share insights with cross-industry peers from customer,service, ... Customer,Experience Conference, "Using Quality to Improve the Customer ...
... One national and four regional winners recognized; more than 1,000 ... veterinarians nominated, ... Vet for a Healthy Pet" contest will be honored at,the Western Veterinary ... place at the Four Seasons at 11:30 a.m. The nationwide,essay contest honors ...
... GenOdyssee has Received Notice of Allowance of United States ... Product GEA007.1, a ... PARIS, France, February 14 GenOdyssee S.A., a,biotechnology company ... blockbuster protein therapeutic products,announced today that it has received ...
... hospitals, UCSF converts to Masimo SET pulse oximetry ... ... capabilities, IRVINE, Calif., Feb. 13 Masimo, the ... the completion of UCSF Medical Center,s,system-wide implementation of Masimo SET pulse ...
Cached Medicine News:Health News:Providence Health & Services - Oregon Region Powers Consumer Portal With Kryptiq Connect IQ 2Health News:Providence Health & Services - Oregon Region Powers Consumer Portal With Kryptiq Connect IQ 3Health News:Electronic Medical Records Really Do Work 2Health News:Electronic Medical Records Really Do Work 3Health News:Electronic Medical Records Really Do Work 4Health News:Fortune 100 Companies Share Customer Experience Insights in Phoenix, Ariz., Feb. 25-27 2Health News:Winners of America's Best Vet Contest To Be Honored at Western Veterinary Conference in Las Vegas February 19; 2Health News:Winners of America's Best Vet Contest To Be Honored at Western Veterinary Conference in Las Vegas February 19; 3Health News:GenOdyssee Receives Notice of Allowance from U.S. Patent Office for Improved Interferon-Alpha Aimed at Hepatitis C 2Health News:GenOdyssee Receives Notice of Allowance from U.S. Patent Office for Improved Interferon-Alpha Aimed at Hepatitis C 3Health News:The University of California at San Francisco Medical Center Pioneers System-wide Adoption of Masimo Rainbow SET Technology 2Health News:The University of California at San Francisco Medical Center Pioneers System-wide Adoption of Masimo Rainbow SET Technology 3Health News:The University of California at San Francisco Medical Center Pioneers System-wide Adoption of Masimo Rainbow SET Technology 4Health News:The University of California at San Francisco Medical Center Pioneers System-wide Adoption of Masimo Rainbow SET Technology 5
Ergotec Vetriretinal Instrument System. 2 mm pointed tips with 0.6 mm platform. 20 gauge shaft tapers to 23 gauge....
Angled shafts with 12 mm scaled jaws. 1 mm teeth on one jaw fit into holes on the other jaw. Slide lock and serrated handle with polished finish. Left. Most popular size or model....
Angled shafts with 9 mm scaled jaws. 1 mm teeth on one jaw fit into holes on the other jaw. Slide lock and serrated handle with polished finish. Left....
Angled 13.5 mm adjustable blades. Teeth in lower jaws fit into holes in upper jaws. Grooves in lower jaw for passage of suture needles. Round knurled handle with polished finish....
Medicine Products: