China Biologic Products Inc. Q3 Profit Climbs 23%

(RTTNews) - China Biologic Products Inc. (CBPO) announced earnings for its third quarter that advanced compared to the same period last year.

The company said its bottom line totaled $26.18 million, or $0.94 per share. This was higher than $21.24 million, or $0.81 per share, in last year's third quarter.

The company said revenue for the quarter rose 14.3% to $78.75 million. This was up from $68.92 million last year.

China Biologic Products Inc. earnings at a glance:

-Earnings (Q3): $26.18 Mln. vs. $21.24 Mln. last year. -Earnings Growth (Y-o-Y): 23.3% -EPS (Q3): $0.94 vs. $0.81 last year. -EPS Growth (Y-o-Y): 16.0% -Revenue (Q3): $78.75 Mln vs. $68.92 Mln last year. -Revenue Change (Y-o-Y): 14.3%

-Guidance: Full year EPS guidance: $290 - $295 Mln