China Pharma Holdings, Inc. (CPHI) Reports Q2 Loss of $0.02/share
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China Pharma Holdings, Inc. Reports Second Quarter 2018 Financial Results
August 15, 2018 6:22 AM EDTHAIKOU CITY, China, Aug. 15, 2018 /PRNewswire/ -- China Pharma Holdings, Inc. (NYSE MKT: CPHI) ("China Pharma," the "Company" or "We"), an NYSE American listed corporation with a fully-integrated specialty pharmaceuticals subsidiary based in China, today announced financial results for the quarter ended June 30, 2018.
Second Quarter Highlights
Revenue increased8.8% to $3.2million in the second quarter 2018 from $3.0million in the same period of 2017; Gross profit was$0.6 million for each of the three months ended June 30, 2018 and 2017, respectively. Gross margin was 18.3% in the second quarter of 2018, compared... More