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Sinovac: 1Q Earnings Snapshot

July 10, 2019

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.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SVA at https://www.zacks.com/ap/SVA

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