China Pharma Holdings, Inc. Reports Second Quarter 2020 Financial Results
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UPDATE: China Pharma Holdings, Inc. (CPHI) Reports Q2 EPS of $0.00 on Revenues of $3.77M
August 14, 2020 6:33 AM EDT(Updated - August 14, 2020 6:34 AM EDT)
China Pharma Holdings, Inc. (NYSE: CPHI) reported Q2 EPS of $0.00, versus ($0.02) reported last year. Revenue for the quarter came in at $3.77 million, versus $2.57 million reported last year.
Second Quarter Highlights
Revenue increased 46.8% to $3.8 million in the second quarter 2020 from $2.6 million in the same period of 2019;Gross margin was 30.5% in the second quarter 2020, compared to 6.4% in the same period of 2019;Income from operations was $0.1 million in the second quarter 2020 compared to loss from operations of $0.8 million in the same... More