China Biologic Products Inc. Reports 39% Advance In Q4 Earnings

(RTTNews) - China Biologic Products Inc. (CBPO) reported earnings for its fourth quarter that gained ground from last year.

The company said its bottom line climbed to $20.43 million, or $0.74 per share. This was up from $14.72 million, or $0.56 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 17.8% to $68.3 million. This was up from $58.0 million last year.

China Biologic Products Inc. earnings at a glance:

-Earnings (Q4): $20.43 Mln. vs. $14.72 Mln. last year. -Earnings Growth (Y-o-Y): 38.8% -EPS (Q4): $0.74 vs. $0.56 last year. -EPS Growth (Y-o-Y): 32.1% -Revenue (Q4): $68.3 Mln vs. $58.0 Mln last year. -Revenue Change (Y-o-Y): 17.8%