Navigation Links
China Sky One Medical Announces Second Quarter 2011 Results
Date:8/9/2011

HARBIN, China, Aug. 9, 2011 /PRNewswire-Asia-FirstCall/ -- China Sky One Medical, Inc. ("China Sky One" or "the Company") (NASDAQ: CSKI), a leading fully integrated pharmaceutical company producing over-the-counter drugs in the People's Republic of China ("PRC"), today announced financial results for the second quarter of 2011.

SecondQuarter 2011Financial Highlights

  • Total revenues decreased 7.6% year-over-year to $37.7 million
  • The Company marketed 101 products, compared with 114 products in the quarter ended June 30, 2010
  • Gross profit fell 15.7% to $24.9 million
  • Operating income declined 39.6% to $8.3 million
  • GAAP net income, including a non-cash gain from change in the fair value of derivative warrant liability, decreased 50.2% year-over-year to $6.1 million, or $0.36 per diluted share
  • Excluding the non-cash gain, non-GAAP adjusted net income declined 42.0% to $5.9 million, or $0.35 per diluted share

  • "Our second quarter revenue declined 7.6% year-over-year, primarily reflecting the loss of two distribution relationships in the third quarter of 2010. We continue to aggressively pursue new customers to distribute our broad portfolio of pharmaceutical products, while investing in China Sky One's future, as exemplified by our winning bid on land use rights for land in Harbin's Song Bei District. We intend to build a research and development center, an injection manufacturing facility, a logistics center and an office building on the land during the first phase of development, which we expect to complete by mid-2012," said Mr. Yan-Qing Liu, Chairman and CEO of China One Medical, Inc. "Despite the challenges of the past year, we are optimistic that we can reestablish robust revenue and earnings growth at China Sky One Medical by continuing to invest in R&D, securing new
    '/>"/>

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

    Page: 1 2 3 4 5 6 7 8 9

    Related medicine technology :

    1. HUYA Bioscience Intl Announces Clinical Trial Milestones in China for Promising New Anti-Arrhythmic Compound; Data Supports Desirable Safety Profile
    2. HUYA Bioscience Intl Announces World-Class Clinical Advisory Team for New Anti-Arrhythmic Compound Sourced From China
    3. HUYA Bioscience Intl Announces First Pre-IND Outcome for a Development Stage Compound Sourced From China - HBI-8000, Promising New Cancer Compound
    4. HUYA Bioscience Intl Announces Pre-IND Outcome for HBI-3000 - Promising Anti-Arrhythmia Compound Sourced From China
    5. China Sky One Medical, Inc. Announces 26 New Drugs in Clinical Trials
    6. RHEI Pharmaceuticals Announces the Initiation of the Final Clinical Study for Approval of Tibozole in China
    7. Varian Medical Systems to Exhibit Cancer Treatment and X-ray Imaging Technologies at China Med Exhibition
    8. China Sky One Medical, Inc. Achieves Significant Breakthrough in Research for Sudden Cardiac Death (SCD) Early Examination Kit
    9. China Animal Welfare Law Under Review While 36,000 Dogs Culled
    10. China-Biotics, Inc. Prices $69 Million Public Offering of Common Stock
    11. Clifford Chance Advises Pfizer on Conditional Clearance in China of Its Merger with Wyeth
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:7/28/2014)... 28, 2014  Array BioPharma Inc. (Nasdaq:   ... fourth quarter and full year of fiscal ... discuss those results on Tuesday, August 12, ... Michael Carruthers , Chief Financial Officer ... 12, 2014Time:9:00 a.m. Eastern TimeToll-Free:(800) 708-4540Toll:(847) 619-6397Pass ...
    (Date:7/28/2014)... , July 28, 2014  Houston dentist ... he offers orthodontic treatment with Invisalign. With access ... can have their teeth straightened without feeling self-conscious ... benefits associated with other types of braces, but ... looks in addition to better support for their ...
    (Date:7/28/2014)... MONACO , 28 luglio 2014 ResMed ... sviluppo di prodotti per la cura dei disturbi respiratori ... respiratorio, ha avuto un,ingiunzione permanente in Germania contro il ... che proibisce la vendita di apparecchiature da indossare in ... 210 e le maschere 220. La sentenza della Corte ...
    Breaking Medicine Technology:Houston Cosmetic Dentist, Dr. Behzad Nazari, Now Offers Orthodontic Treatment with Invisalign 2ResMed riceve un'ingiunzione permanente contro APEX in Germania, continua a far valere i propri diritti per i brevetti in Europa 2
    ... ( www.fuisz.com ) today announced the issuance of U.S. ... Access to On-Line Vendor Information"). Joseph Matus ... a system that allows a customer or potential customer ... database through the on-line vendor,s system to provide the ...
    ... The American Academy of Family Physicians Foundation is ... Immunization Award winners. These awards recognize family medicine ... in their communities through creative solutions. Monetary grants ... were presented to 16 residents from the following ...
    Cached Medicine Technology:Family Medicine Residency Programs Recognized for Improving Childhood and Adult Immunizations Rates in Underserved Communities 2Family Medicine Residency Programs Recognized for Improving Childhood and Adult Immunizations Rates in Underserved Communities 3
    (Date:7/29/2014)... Oxnard, CA (PRWEB) July 29, 2014 ... of the Anacapa Dental Art Institute in Oxnard and Woodland ... that have fallen out or been removed due to dental ... disease, and the two prosthodontists (experts in restoring and replacing ... of not using implant specialists to perform their dental work ...
    (Date:7/29/2014)... (PRWEB) July 29, 2014 Gout was one ... lifestyles have proven that last statement essentially moot since ... many people still do not have are the resources to ... is it costly to maintain treatment for it, but the ... daily activities to a grinding halt. , Alternative ...
    (Date:7/29/2014)... Staffing, Your Partner in Locum Tenens, is reporting a forty ... strong indications the Irving, Texas-based firm will reach sixty percent ... is a great time to be at Consilium,” says Matt ... are proud of what we have accomplished in the first ... about how things are shaping up for the next six ...
    (Date:7/29/2014)... Guests at Napa Valley's quintessential luxury resort, Auberge du ... The top of each luxurious resort bed is adorned with ... crafted, 100% Egyptian cotton white duvets and pillow shams have ... look, words are woven in the linens that serve as ... , Intentional breathing and visualization are keys to relaxing body, ...
    (Date:7/29/2014)... 2014 A Forever Recovery , an ... to a great start and gives them a solid foundation ... of the National Cherry Festival kickoff concert held on July ... was co-sponsored by Miller Lite and in partnership with WKLT ... Bay Side Music Stage presented by Blue Cross Blue Shield ...
    Breaking Medicine News(10 mins):Health News:Oxnard Dental Implant Experts Warn of Infections Around Dental Implants 2Health News:Oxnard Dental Implant Experts Warn of Infections Around Dental Implants 3Health News:Oxnard Dental Implant Experts Warn of Infections Around Dental Implants 4Health News:Gout Natural Remedy Report Review | The Ultimate Secret to Eliminating Gout Naturally – Vinamy.com 2Health News:Consilium Staffing Experiences Significant Revenue Growth 2Health News:Auberge Du Soleil Offers INTENTIONS™ by Peacock Alley on Guests' Beds Providing a Unique Sleep Experience 2Health News:A Forever Recovery Sponsors National Cherry Festival Kickoff Concert Featuring Collective Soul on July 5 in Traverse City, MI 2
    ... With daylight savings comes an extra,hour of sleep, ... morning? In,addition to the daily cup of coffee, ... video from the Flower Promotion Organization at:, http://media.medialink.com/WebNR.aspx?story=34055 ... General Hospital,confirmed that study participants reported being happier ...
    ... Stryker Corporation,(NYSE: SYK ) announced today that it will participate in the ... 8:30 a.m. Mountain Standard Time Credit ... November 27, 2007 - 12:30 p.m. ... Care Conference New York, New York ...
    ... Chewing Gum During Exam, CHICAGO, Nov. 1 ... students as they struggle to balance,their homework load with ... "It,s common practice for students to try to ... for exams," says Adrinda,Kelly, senior editor of The Princeton ...
    ... General Nutrition Centers, Inc.,("GNC" or the "Company"), announced ... to report its third quarter 2007 financial,results at 11 ... this call inside the U.S., dial 1-888-895-5479, and,outside the ... is 19663288. A webcast of the call will also ...
    ... North American Riding for the Handicapped Association (NARHA) awards,Ashaway,s horse-assisted ... ... Accreditation, ASHAWAY, R.I., Nov. 1 ... Premier Accredited Center,Program by North American Riding for the Handicapped ...
    ... Nov. 1 The Tobacco-Free Kids,Indiana Action ... campaign,today in several Indiana communities supporting local ... In Indianapolis, Angela,Mansfield (District 2 - D) ... are being,endorsed for their leadership in passing ...
    Cached Medicine News:Health News:Stryker to Present at Investor Conferences 2Health News:As Exams Loom, Students Find Hope in a 'Stick' 2Health News:As Exams Loom, Students Find Hope in a 'Stick' 3Health News:As Exams Loom, Students Find Hope in a 'Stick' 4Health News:Turning Pointe Therapeutic Riding Recognized for Excellence in Providing Equine-Assisted Therapies to People with Disabilities 2Health News:Tobacco-Free Kids Indiana Action Fund Launches Campaign in Support of Angela Mansfield and Scott Keller for Indianapolis City-County Council 2Health News:Tobacco-Free Kids Indiana Action Fund Launches Campaign in Support of Angela Mansfield and Scott Keller for Indianapolis City-County Council 3
    ... advanced motorized inverted microscope from Olympus. , ... provides 9 access ports for multiple input ... can have simultaneous access to a primary ... 6-position nosepiece and light path selector, the ...
    ... Designed to provide exceptional performance ... SteREO Lumar has unrivaled fluorescence ... light microscopy instruments. Developed for ... SteREO Lumar offers first-class optical ...
    ... TIRF slider, which allows laser coupling via ... for observing rapid membrane processes even ... times extremely short. The easy ... and the effective laser safety equipment of ...
    ... The MicroFire is a 2-megapixel, 12-bit FireWire digital camera. ... be acquired effortlessly. Imaging has never been this easy! ... CCD - 2/3" Color ... Time - 500 microseconds - 60 seconds ...
    Medicine Products: