China Biologic Products (CBPO) Reports Full-Year 2011 Earnings

March 12, 2012 4:43 PM EDT Send to a Friend
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China Biologic Products, Inc. (NASDAQ: CBPO) reports total sales increased $13.4 million or 9.6% to $153.1 million for the year ended December 31, 2011, from $139.7 million in 2010, including the benefit of a 5.0% gain from foreign exchange translation.

Non-GAAP adjusted net income was $36.5 million or $1.37 per diluted share in 2011 compared with $39.0 million or $1.61 per diluted share in 2010.


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