China Pharma Holdings (CPHI) Narrows Q2 Loss

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China Pharma Holdings, Inc. Reports Second Quarter 2015 Financial Results

August 14, 2015 6:00 AM EDT

HAIKOU CITY, China, Aug. 14, 2015 /PRNewswire/ -- China Pharma Holdings, Inc. (NYSE MKT: CPHI) ("China Pharma" or the "Company"), an NYSE MKT listed corporation with its  fully-integrated specialty pharmaceuticals subsidiary based in China, today announced financial results for the quarter ended June 30, 2015.

Second Quarter Highlights

Revenue decreased 7.4% to $5.7 million in the second quarter of 2015 from $6.1 million in the second quarter of 2014. Gross loss was ($0.06) million in the second quarter of 2015, compared to gross profit of $2.4 million in the second quarter of... More