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Huifeng Bio-Pharmaceutical Reported Second Quarter 2010 Financial Results and Reaffirms its 2010 Guidance
Date:8/23/2010

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Huifeng Bio-Pharmaceutical Reported Second Quarter 2010 Financial Results and Reaffirms its 2010 Guidance

 

XI'AN, China, Aug. 23 /PRNewswire-Asia-FirstCall/ -- Huifeng Bio-Pharmaceutical Technology, Inc. (OTC Bulletin Board: HFGB), specializing in developing and producing botanical extracts and other raw materials for pharmaceuticals and food additives today reiterated its financial results for its second quarter ended June 30, 2010.

Second Quarter 2010 Highlights -- Revenue was $6,698,952, up 116.7% from the same quarter of 2009. -- Gross profit was $2,467,064, up 109.5% from the second quarter of 2009 with gross margin of 36.8%, slightly decreased 1.3% from
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SOURCE Huifeng Bio-Pharmaceutical Technology, Inc.
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