China Biologic Products (CBPO) Tops Q3 EPS by 13c
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China Biologic Reports Financial Results for the Third Quarter of 2015
November 3, 2015 5:00 PM ESTBEIJING, Nov. 3, 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 third quarter of 2015.
Third Quarter 2015 Financial Highlights
Total sales in the third quarter of 2015 increased by 14.4% to $78.8 million from $68.9 million in the same quarter of 2014. Gross profit increased by 9.0% to $50.8 million from $46.6 million in the same quarter of 2014. Gross margin decreased by 3.1 basis points to 64.5% in the third quarter of... More