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

38.1% for the second quarter of 2009. -- Net income was $1,532,302, an increase of $729,108 or 90.8% from the second quarter 2009, and earnings per diluted share were $0.06 based on 25.4 million shares. Second Quarter 2010 Results Q2 2010 Q2 2009 CHANGE Revenue $6.7 million $3.1 million +116.7% Gross profit $2.5 million $1.2 million +109.5% Net Income $1.5 million $0.8 million +90.8% EPS (Diluted)* $0.06 $0.04 +50% * Weighted average shares outstanding for Q2 2010 was 25,408,941 and for Q2 2009 was 20,466,169.

"We are pleased to report record revenue and operating income in the quarter," Mr. Jing'an Wang, the Company's CEO, commented. "The large increase in profitability and top line growth can be attributed to the increase in our sales of pharmaceutical raw-material and pharmaceutical intermediates. We have seen increased orders of both Rutin series products and Diosmin. We plan on focusing to fulfill the entire demand in the coming year."

For the Three Months Ended June 30, 2010 and 2009

Revenues for the quarter ended June 30, 2010 were $6,698,952, an increase of $3,607,427, or 116.7%, from $3,091,525 for the same quarter in 2009. Our increase in sales revenues for the second quarter of 2010 was mainly due to the increase in our sales of pharmaceutical raw-material and pharmaceutical intermediates, which include our products of Rutin, Troxerutin, Quercetin and Diosmin. An analysis of our results in sales of our products is as follows:

For the quarter ended June 30 Product 2010 2009 Increase Pharmaceutical intermediates $1,477,178 $765,929 $711,249 Pharmaceutical raw-material $4,712,016 $1,907,060 $2,804,956 Plant Extractive and others $509,758 $418,536 $91,222 TOTAL $6,698,952 $3,091,525 $3,607,427

Our gross profit for the quarter ended June 30, 2010 was $2,467,064, an increase of $1,289,559, or 109.5%, from $1,177,505 for the same quarter in 2009 as a result of the increase in our products sold, mainly due to the sal
'/>"/>

SOURCE Huifeng Bio-Pharmaceutical Technology, Inc.
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9

Related medicine technology :

1. Huifeng Bio-Pharmaceutical Technology Announces a New Spain Order
2. Huifeng Bio-Pharmaceutical Technology Reports 26% Quarterly Revenue Increase
3. Renhuang to Launch New Bio-pharmaceutical Product - Ginseng and Deer Antler Extract
4. FDA: Rare Cases of Liver Injury Reported With Use of Xenical, Alli
5. Radiation Reduction in Heart CT Scans Reported in Study
6. Reported Use of AMAGs Feraheme (ferumoxytol) Continues To Be Low, But a Number of Nephrologists Are On the Verge of Use
7. Definitive Outcomes of Radiofrequency Ablation for Barretts Esophagus Using the HALO Ablation System Reported at the Digestive Disease Week Meeting for Gastroenterologists and Esophageal Surgeons
8. Study Reported Tadalafil Taken Once Daily Improved Erectile Function in Men with ED and Sexual Quality of Life in Couples
9. Blue Light Destroys Antibiotic-Resistant Staph Infection - Results Reported in Photomedicine and Laser Surgery Journal
10. Continued Overall Survival Advantage Reported From Pivotal Trial of VELCADE(R) (Bortezomib) for Injection Based Therapy in Patients With Previously Untreated Multiple Myeloma
11. Trellis(R) Peripheral Infusion System Removes Blood Clots in Largest Reported Prospective Endovascular DVT (Deep Vein Thrombosis) Patient Series
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/24/2015)... , April 24, 2015 Today, humanity takes a ... the singularity, and fat-free cronuts: 1-800 CONTACTS announces their new ... in just two taps. Two taps. New contacts. ... The app also features LensGauge which helps keep ... when you need to reorder. "Since our inception, ...
(Date:4/24/2015)... April 24, 2015  A new study shows an "alarming ... drugs used to slow the progression of multiple sclerosis or ... by researchers at Oregon Health & Science University (OHSU) and ... the number of MS drugs in the marketplace over the ... stabilized costs for patients who use those drugs. Researchers found ...
(Date:4/24/2015)... S.C. , April 24, 2015  Span-America ... plans to release its fiscal 2015 second quarter ... regular trading. The company will conduct ... Friday, May 1, to review the company,s financial and ... 2015.  A live broadcast of the conference call ...
Breaking Medicine Technology:Attention: We live in the future. Order contact lenses from your wrist with the 1-800 CONTACTS app for Apple Watch 2Researchers find alarming rise in cost of MS drugs over past two decades 2Researchers find alarming rise in cost of MS drugs over past two decades 3Researchers find alarming rise in cost of MS drugs over past two decades 4
... influenza,transmission patterns in the Southern Hemisphere and ... finding that,each season influenza travels from low ... populated centers. Their work, funded by the,Fogarty ... Institutes,of Health (NIH), can improve planning for ...
... - An overexpressed protein,protects human pancreatic cancer ... of the body's natural defenses against,out-of-control cell growth, ... Cancer Center report in the March issue of ... by the abbreviation,TG2, previously has been found by ...
Cached Medicine Technology:Researchers Find Surprising Pattern of Influenza Spread in South,America and Tropics 2Researchers Find Surprising Pattern of Influenza Spread in South,America and Tropics 3Protein Found to Shield Pancreatic Cancer Cells from,Self-Destruction 2Protein Found to Shield Pancreatic Cancer Cells from,Self-Destruction 3
(Date:4/26/2015)... 26, 2015 With the FCPX LUT B&W ... editors can quickly and easily add desaturated color grades ... a mathematical formula for modifying an image. The LUT changes ... table. This pack comes with 60 black and white CUBE ... contemporary black and white films. With the FCPX LUT ...
(Date:4/26/2015)... 26, 2015 India Network Foundation, a ... valuable community services to the Asian Indian community in ... India for more than two decades. The India News ... of subscribers around the world with the latest news ... time. The Immigration Law Forum Digest, edited and contributed ...
(Date:4/26/2015)... Forbes Living is scheduled to air in ... synonymous with clean beaches, sparkling office buildings, and old Spanish ... influencers in the city on the Pacific Coast of the ... to announce the show will be broadcast on Cox Cable ... Tune in to find out what the effervescent host Forbes ...
(Date:4/25/2015)... The National League for Nursing's Advancing ... to prepare nurses to provide high quality, culturally sensitive ... to a new report by the John A. Hartford ... , The project began in 2007 as a pilot ... of Elaine Tagliareni, EdD, RN, CNE, FAAN, professor and ...
(Date:4/25/2015)... April 25, 2015 In observance of ... join The Million Nets Pledge, a two-year pledge by ... protect refugee families with one million bednets by 2016. ... work with UN partners to protect children, refugees, and ... , “There has been a large surge in ...
Breaking Medicine News(10 mins):Health News:Pixel Film Studios, a FCPX Effects Developer, Announced the Release of FCPX LUT B&W 2Health News:North American Telugu Society Bestows Community Service Award to India Network Foundation for Its Generosity and Sponsor of Visitor Health Insurance to Indian Visitors 2Health News:North American Telugu Society Bestows Community Service Award to India Network Foundation for Its Generosity and Sponsor of Visitor Health Insurance to Indian Visitors 3Health News:Forbes Living TV Will Air in San Diego, California 2Health News:Hartford Foundation Report Details Success of NLN's Advancing Care Excellence for Seniors (ACE.S) Program 2Health News:Hartford Foundation Report Details Success of NLN's Advancing Care Excellence for Seniors (ACE.S) Program 3Health News:Supporters Worldwide Join The Million Nets Pledge on World Malaria Day 2Health News:Supporters Worldwide Join The Million Nets Pledge on World Malaria Day 3Health News:Supporters Worldwide Join The Million Nets Pledge on World Malaria Day 4
... in California, monstrous matter-sucking black holes in the space are ... ,When used in a car it will go ... (4.5 litres) of gas. ,Huge bubbles in the ... even thousands of light-years across. ,Allen and his ...
... A breast-sparing surgery can be a suitable treatment mode for ... in their genes. //These patients should consider hormonal treatments ... are the findings of a 10-year study led by researchers ... authors found that women with the genetic mutation who had ...
... Sunitinib has been found to be an effective agent for ... effective treatment options are available so far//. ,There ... treatment of metastatic (spread of cancer from point of origin ... The 5-year survival rate for metastatic RCC is estimated to ...
... number of people are sleeping less than 5-6 hours a ... diabetes and other chronic illnesses//. ,The survey was ... some 3300 NSW residents and found that about one in ... 10 per cent suffered from chronic daytime sleepiness while more ...
... have decided to launch short-term professional courses in Oman ... and training infrastructure in the Gulf countries//. This is ... the educational facilities in the Gulf. ,Aseem ... Ritnand Balved Education Foundation, which is the umbrella organisation ...
... and the SRM Institute of Science and Technology, a ... // ,The MoU aimed at developing high ... for its medical and nursing staff both in India ... Sathyanarayanan, said., ,The MoU was signed in the ...
Cached Medicine News:Health News:Breast-Sparing Surgery: An Optional Treatment Mode For Women With Breast Cancer 2Health News:Breast-Sparing Surgery: An Optional Treatment Mode For Women With Breast Cancer 3Health News:Sunitinib a Promising Agent for Treatment of Renal Cell Cancer 2
... The 45° Prism is ... pathologies and are recommended ... (PDR, BRVO etc.) and ... can be used for ...
... The Chalam 15° Prism are ... and are recommended for tractional ... and Rhegmatogenus retinal detachment. They ... photocoagulation and other midperipheral laser ...
The Mid Field lens can be used for air/gas exchange and has a bi-concave design to provide the widest field available in a direct image surgical lens....
The Flat is designed for routine vitrectomy, optic nerve neurotomy and induction of posterior vitreous detachments. It is also useful for macular hole surgery, epiretinal membranes and for removal of...
Medicine Products: