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China Biologic Products: 4Q Earnings Snapshot

BEIJING (AP) _ China Biologic Products Inc. (CBPO) on Thursday reported fourth-quarter earnings of $12.5 million.

The Beijing-based company said it had profit of 32 cents per share. Earnings, adjusted for non-recurring costs, were 53 cents per share.

The biopharmaceutical company posted revenue of $102.2 million in the period.

For the year, the company reported profit of $138.8 million, or $3.53 per share. Revenue was reported as $503.7 million.

China Biologic Products shares have declined nearly 3% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $113.01, a rise of 31% 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