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China Biologic Products: 2Q Earnings Snapshot

BEIJING (AP) _ China Biologic Products Inc. (CBPO) on Monday reported second-quarter earnings of $41.6 million.

On a per-share basis, the Beijing-based company said it had net income of $1.06. Earnings, adjusted for non-recurring costs and amortization costs, were $1.24 per share.

The biopharmaceutical company posted revenue of $135.7 million in the period.

China Biologic Products shares have risen 23% since the beginning of the year. In the final minutes of trading on Monday, shares hit $93.29, a decrease of nearly 7% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBPO at https://www.zacks.com/ap/CBPO