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Stock impact report

China Pharma Holdings, Inc. Reports Third Quarter 2019 Financial Results

China Pharma Holdings, Inc. (CPHI) 
NASDAQ:AMEX Investor Relations: chinapharmaholdings.com/investor/profile.htm
Company Research Source: PR Newswire
HAIKOU CITY, China, Nov. 15, 2019 /PRNewswire/ -- China Pharma Holdings, Inc. (NYSE American: CPHI) ("China Pharma," the "Company" or "We"), an NYSE American-listed corporation with a fully-integrated specialty pharmaceuticals subsidiary based in China, today announced financial results for the quarter ended September 30, 2019.Third Quarter Highlights Revenue increased by 3.4% to $2.4 million in the third quarter 2019 from $2.3 million in the same period of 2018; Gross margin was 15.7% in the third quarter 2019, compared to 22.3% in the same period of 2018; Loss from operations was $0.6 million in the third quarter 2019 compared to $1.9 million in the same period of 2018, an improvement of $1.3 million; Net loss was $0.7 million in the third quarter 2019 compared to $1.9 million in the same period of 2018. Loss per common share was $0.02 per basic and diluted share in the third quarter 2019, compared to $0.04 per basic and diluted share in the same period of 2018.Ms. Zhilin Li, China Show less Read more
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