China Pharma Holdings, Inc. (CPHI) Reports Q3 Loss of $0.04

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China Pharma Holdings, Inc. Reports Third Quarter 2018 Financial Results

November 15, 2018 6:00 AM EST

HAIKOU CITY, China, Nov. 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,  announced today its financial results for the quarter ended September 30, 2018.

Third Quarter Highlights

Revenue was $2.3 million for the three months ended September 30, 2018, which represented a decrease of  27.3% compared to $3.2 million for the three months ended September 30, 2017; Gross profit was $0.5 million and $0.4 million for the three months ended September 30, 2018 and 2017, respectively.... More