Navigation Links
China Sky One Medical Announces Fourth Quarter and Fiscal Year 2010 Results
Date:3/15/2011

quarter of 2009 primarily due to higher cost of goods sold and lower sales price of certain products. The increased raw materials costs were mainly due to inflation and unforeseen natural disasters which caused an increase in the price of raw materials we use to produce certain of our products, including Honey Suckle Flower and Notoginseng. Lower sales price of certain products was due to our sales and marketing strategy which is to promote certain of our products with less market competition by coordinating with reputable distributors who have extensive market channels and seek lower margin products. This sales strategy has had and will continue to have a negative impact on our overall gross product margin.

Operating expenses increased 7.0% to $14.7 million in the fourth quarter of 2010. The increase was principally due to higher amortization resulting from acquisition of two proprietary technologies acquired in the fourth quarter of 2009 and the increased research and development expenses. Research and development expenses were $4.3 million, up 9.3% from the fourth quarter of 2009.

Operating income decreased 52.3% year over year to $4.3 million, representing operating margin of 16.2%.

In the fourth quarter of 2010, the Company recorded a non-cash gain in the fair value of its derivative warrant liability of $42,000, compared to a non-cash loss of $6.1 million in the fourth quarter of 2009.

Provision for income taxes was $1.9 million in the fourth quarter of 2010, as compared to $2.5 million in the same period of last year.  

Net income for the fourth quarter of 2010 was $2.5 million, or $0.15 per diluted share, compared to $0.5 million, or $0.03 per diluted share, in the fourth quarter of 2009.

Excluding the effect of non-cash items related to changes in the fair value of the Company's derivative warrant liabilities and the share based compensation expenses, non-GAAP net income was $3.6 million or $0.21 per dil
'/>"/>

SOURCE China Sky One Medical, Inc.
Copyright©2010 PR Newswire.
All rights reserved

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

Related medicine technology :

1. China Botanic Pharmaceutical Receives a Tax Exemption in 2011
2. China-Biotics, Inc. Announces the Results of the 2010 Annual Meeting of Stockholders
3. China Botanic Schedules Conference Call to Discuss FY 2011 First Quarter Results
4. Fenwal, Golden Meditech Complete Definitive Agreement to Form Joint Venture in China
5. NeoStem To Present at Rodman & Renshaw Annual China Investment Conference on Tuesday, March 8
6. Weikang Bio-Technology to Present at Rodman & Renshaw Annual China Investment Conference
7. China Medicine Corporation Adopts New Incentive Compensation Plans
8. DK Sinopharma, Inc. is to Present at the Rodman & Renshaw Annual China Investment Conference to be Held March 6--8
9. China Pharma Holdings, Inc. Reports Full Year 2010 Financial Results
10. China Pharma Holdings, Inc. to Report Fiscal Year 2010 Financial Results on March 3, 2011
11. China Nepstar Chain Drugstore to Report Fourth Quarter and Fiscal Year 2010 Financial Results on March 16, 2011
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/30/2015)... 2015 PTC Therapeutics, Inc. (NASDAQ: PTCT ... results for the second quarter ending June 30, 2015. ... across the organization.  We are excited to be near ... trial ever conducted with topline results expected in the ... Officer, PTC Therapeutics, Inc. "Translarna is now commercially available ...
(Date:7/30/2015)... 2015  Cleveland Clinic President Wael Barsoum , ... month that industry is compelled to adopt declining reimbursements ... efficiencies—and develop the transformational innovations -- required to thrive ... preceded by Doug Kohrs , past President and ... stressed that industry must add "episode of care," also ...
(Date:7/30/2015)... July 30, 2015 Future Market ... titled, "Continuous Glucose Monitoring Systems Market: Global Industry Analysis ... report, the global continuous glucose monitoring systems market was ... expected to reach US$ 788.4 Mn by 2020, registering ... to 2020. Global continuous glucose monitoring systems ...
Breaking Medicine Technology:PTC Therapeutics Reports Second Quarter 2015 Financial Results and Provides Corporate Update 2PTC Therapeutics Reports Second Quarter 2015 Financial Results and Provides Corporate Update 3PTC Therapeutics Reports Second Quarter 2015 Financial Results and Provides Corporate Update 4PTC Therapeutics Reports Second Quarter 2015 Financial Results and Provides Corporate Update 5PTC Therapeutics Reports Second Quarter 2015 Financial Results and Provides Corporate Update 6PTC Therapeutics Reports Second Quarter 2015 Financial Results and Provides Corporate Update 7PTC Therapeutics Reports Second Quarter 2015 Financial Results and Provides Corporate Update 8PTC Therapeutics Reports Second Quarter 2015 Financial Results and Provides Corporate Update 9PTC Therapeutics Reports Second Quarter 2015 Financial Results and Provides Corporate Update 10Orthopaedic Surgery Reimbursement Shifts to Episode of Care 2Global Continuous Glucose Monitoring (CGM) Systems Market: Transmitters and Monitors Most Dominant Segment, Says Future Market Insights 2Global Continuous Glucose Monitoring (CGM) Systems Market: Transmitters and Monitors Most Dominant Segment, Says Future Market Insights 3Global Continuous Glucose Monitoring (CGM) Systems Market: Transmitters and Monitors Most Dominant Segment, Says Future Market Insights 4
... issued the following update regarding the voluntary recall of AVEA® ... this action as a Class I recall. ... by the company and CareFusion is actively remediating the hardware ... parts manufactured between March 1, 2009 and June 30, 2011 ...
... Valeant Pharmaceuticals International, Inc. (NYSE: VRX ... the company completed its previously announced acquisition of iNova, ... BofA Merrill Lynch and Baker & McKenzie ... About Valeant Pharmaceuticals International, Inc. ...
Cached Medicine Technology:CareFusion Provides Update on Previously Announced Ventilator Recall 2
(Date:7/31/2015)... ... ... Like nearly every other form of surgery, it shouldn't come as a surprise ... intrusive and painful. Leading these advances in the United States has been Dr. ... the only doctor in the United States who is qualified to practice, and is ...
(Date:7/31/2015)... ... , ... The Heart Fit Clinic has increased a patient's fitness level 60 ... 150 beats versus 100 beats, this is a big deal," says Diamond Fernandes, director ... to patients with heart disease," he adds. People with angina are able to do ...
(Date:7/31/2015)... ... July 31, 2015 , ... Burnaby sports physiotherapy clinic, Absolute ... understanding and treatment of ankle sprains. A common sports injury, ankle sprains are ... dangerous if the condition augments and causes more disruption. Absolute PhysioCare’s blog discusses ...
(Date:7/31/2015)... ... ... Awarded to only the Top 10 hair transplant practices in the United ... recipients of the Center of Clinical Excellence for ARTAS Robotic Hair Transplantation . ... science of hair transplant. , Parsa Mohebi Hair Restoration is known worldwide for their ...
(Date:7/31/2015)... ... ... Down is a reputable source of authentic USA vs. Australia tickets at Ford ... National Team in conjunction with their Victory Tour to celebrate winning the 2015 Women's World ... team was awarded the Golden Ball as the best player of the 2015 Women's World ...
Breaking Medicine News(10 mins):Health News:Loria Medical Penile Enlargement Center to Expand, Offering Practice Partnership to Doctors 2Health News:Heart Fit Clinic Helps Patient Increase Fitness Level with External Counterpulsation 2Health News:Absolute PhysioCare & Sports Rehab Promotes Understanding & Treatment of Ankle Sprains 2Health News:Prestigious Medical Award Given To Parsa Mohebi Hair Restoration for Excellence in Hair Transplantation 2Health News:Cheap USA vs. Australia Tickets at Ford Field in Detroit, MI: Ticket Down Slashes Ticket Prices for Australia vs. USWNT International Friendly Match at Ford Field 2
... on the onus of improving the treatment for cancer patients, ... a $15 million funding will be instituted. ,The ... the pre-budget statement, will also outline the other medical initiatives ... the projects. Treasurer John Brumby has said that the main ...
... their health care despite the fact that health care ... were the results of a multi-national survey that was ... revealed that United States had spent $6,280 per capital ... industrialized countries. ,US patients reported more diagnostic ...
... as a milestone, researchers at the Wake Forest University in ... conditions and what’s more// have implanted these bladders into seven ... Dr. Anthony Atala has published their experimental study in the ... children in the study were suffering from a birth defect ...
... 4. Women approaching menopause are likely to face depression, says ... aggressive treatment.//, ,Depression is a substantial illness with significant ... problem that can be managed, reports the health portal WebMd. ... the Massachusetts General Hospital studied 460 Boston women aged 36 ...
... that the culling operations in Jalgoan where a fresh outbreak ... B K Wankhade, Regional District Commissioner, Animal Husbandry said that ... outbreak was reported ,500 health workers in 82 ... owners had been compensated to the tune of Rs 1 ...
... state Health Directorate officials have confirmed that there has ... fever in about 29// villages of Nasik district. Around ... have been hospitalized. ,Malegon was the worst ... were sent to the National Institute of Virology (NIV), ...
Cached Medicine News:
ICL manipulator, blunt, forked tip...
ICL manipulator with textured hemi-ball tip...
ICL manipulator with textured micro-ball tip....
0.25 mm diameter textured tip with protective guard....
Medicine Products: