China Biologic Products Inc. Reports 31% Increase In Q3 Profit

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

The company said its bottom line climbed to $34.29 million, or $1.22 per share. This was higher than $26.18 million, or $0.94 per share, in last year's third quarter.

The company said revenue for the quarter rose 9.9% to $86.53 million. This was up from $78.75 million last year.

China Biologic Products Inc. earnings at a glance:

-Earnings (Q3): $34.29 Mln. vs. $26.18 Mln. last year. -Earnings Growth (Y-o-Y): 31.0% -EPS (Q3): $1.22 vs. $0.94 last year. -EPS Growth (Y-o-Y): 29.8% -Revenue (Q3): $86.53 Mln vs. $78.75 Mln last year. -Revenue Change (Y-o-Y): 9.9%