China Biologic Products: 2Q Earnings Snapshot

BEIJING (AP) _ China Biologic Products Inc. (CBPO) on Friday reported second-quarter earnings of $28.6 million.

On a per-share basis, the Beijing-based company said it had profit of 83 cents. Earnings, adjusted for non-recurring costs, were $1.17 per share.

The biopharmaceutical company posted revenue of $120.4 million in the period.

China Biologic Products shares have risen 27 percent since the beginning of the year. In the final minutes of trading on Friday, shares hit $100.02, an increase of 3 percent in the last 12 months.

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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