China Biologic Products Inc. Profit Climbs 23% In Q2

(RTTNews) - China Biologic Products Inc. (CBPO) revealed earnings for its second quarter that advanced from last year.

The company said its bottom line rose to $35.17 million, or $1.26 per share. This was higher than $28.58 million, or $1.06 per share, in last year's second quarter.

The company said revenue for the quarter rose 15.6% to $91.42 million. This was up from $79.07 million last year.

China Biologic Products Inc. earnings at a glance:

-Earnings (Q2): $35.17 Mln. vs. $28.58 Mln. last year. -Earnings Growth (Y-o-Y): 23.1% -EPS (Q2): $1.26 vs. $1.06 last year. -EPS Growth (Y-o-Y): 18.9% -Revenue (Q2): $91.42 Mln vs. $79.07 Mln last year. -Revenue Change (Y-o-Y): 15.6%