China Biologic Products: 2Q Earnings Snapshot
BEIJING (AP) _ China Biologic Products Inc. (CBPO) on Monday reported second-quarter earnings of $41.6 million.
On a per-share basis, the Beijing-based company said it had net income of $1.06. Earnings, adjusted for non-recurring costs and amortization costs, were $1.24 per share.
The biopharmaceutical company posted revenue of $135.7 million in the period.
China Biologic Products shares have risen 23% since the beginning of the year. In the final minutes of trading on Monday, shares hit $93.29, a decrease of nearly 7% in the last 12 months.