China Biologic Products (CBPO) Tops Q2 EPS by 19c

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Go back to China Biologic Products (CBPO) Tops Q2 EPS by 19c

China Biologic Reports Financial Results for the Second Quarter of 2015

August 5, 2015 5:00 PM EDT

BEIJING, Aug. 5, 2015 /PRNewswire/ -- China Biologic Products, Inc. (NASDAQ: CBPO, "China Biologic" or the "Company"), a leading fully integrated plasma-based biopharmaceutical company in China, today announced its unaudited financial results for the second quarter of 2015.

Second Quarter 2015 Financial Highlights

Total sales in the second quarter of 2015 increased by 31.6% to $79.1 million from $60.1 million in the same quarter of 2014. Gross profit increased by 26.2% to $52.0 million from $41.2 million in the same quarter of 2014. Gross margin decreased by 270 basis points to 65.8% in the second quarter of 2015 from... More