Sinovac: 1Q Earnings Snapshot
BEIJING (AP) _ Sinovac Biotech Ltd. (SVA) on Wednesday reported first-quarter net income of $1.8 million.
On a per-share basis, the Beijing-based company said it had net income of 1 cent.
The biopharmaceutical company posted revenue of $36.6 million in the period.
Sinovac shares have declined nearly 7% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $6.47, a decrease of 21% in the last 12 months.