Navigation Links
China Cord Blood Corporation Reports Financial Results for the Second Quarter and First Half of Fiscal 2014
Date:11/14/2013

HONG KONG, Nov. 14, 2013 /PRNewswire-FirstCall/ -- China Cord Blood Corporation (NYSE: CO) ("CCBC" or the "Company"), China's leading provider of cord blood collection, laboratory testing, hematopoietic stem cell processing, and stem cell storage services, today announced its preliminary unaudited financial results for the second quarter and first half of fiscal year 2014, which ended September 30, 2013.

Second Quarter of Fiscal 2014 Highlights

  • Revenues for the second quarter of fiscal 2014 increased by 10.3% to RMB141.6 million ($23.1 million) from RMB128.5 million in the prior year period.
  • New subscriber sign-ups and accumulated subscriber base were 15,928 and 343,170, respectively.
  • Gross profit increased by 12.7% to RMB114.3 million ($18.7 million) from RMB101.4 million in the prior year period.
  • Gross margin was 80.7%, compared to 78.9% in the prior year period.
  • Operating income increased by 19.7% to RMB56.3 million ($9.2 million) from RMB47.0 million in the prior year period.
  • Interest expense amounted to RMB16.5 million ($2.7 million), which was largely attributable to the convertible notes issued to KKR China Healthcare Investment Limited ("KKR") and Golden Meditech Holdings Limited ("Golden Meditech").
  • Net income attributable to the Company's shareholders increased by 0.8% to RMB24.9 million ($4.1 million) from RMB24.7 million in the prior year period, after taking into account higher income tax expense in the second quarter.
  • Operating cash flow for the quarter amounted to RMB121.0 million ($19.8 million), after taking into account the coupon payment made to the Company's convertible note holder.
  • First Ha
    '/>"/>

    SOURCE China Cord Blood Corporation
    Copyright©2012 PR Newswire.
    All rights reserved

    Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

    Related biology technology :

    1. China Water-Soluble Dietary Fiber Market 2013-2017 Report
    2. China Synthetic Resin Industry Report, 2013-2016
    3. China Cord Blood Corporation to Report Second Quarter and First Half of Fiscal 2014 Financial Results
    4. Current Trends for Conducting Clinical Trials in China, New Life Science Webinar Hosted By Xtalks
    5. China Vanadium Catalyst Market for Sulfuric Acid Production in A New Research Available at MarketReportsChina.com
    6. Cellular Biomedicine Group Announces New Product Approved for Market in China and New Exclusive License
    7. Silane Coupling Agent Industry 2013 Global & China Development Trend Analysis in a New Study at DeepResearchReports.com
    8. Ion-exchange Resin Market 2013 Global & China Trend Analysis in a New Research Available at DeepResearchReports.com
    9. Insecticides China News 1307 – New Research Available
    10. Bulletproof Security Glass Market in China 2012 - 2016: Worldwide Industry Latest Market Share, Investment Trends, Growth, Size, Trends, Strategy and Forecast Research
    11. Humic Acid Industry 2013 China and Global Products Analysis in a New Research Report Available at DeepResearchReports.com
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:12/19/2014)... -- Decision Resources Group finds that the Latin American ... compound annual growth rate through 2023. This is primarily ... increasing adoption of dental implants. Growing aesthetic consciousness in ... demand for dental biomaterials because they can improve the ... Other key findings from Decision Resources Group,s coverage ...
    (Date:12/19/2014)... 18, 2014 LayerBio is an MIT ... wound care. The National Eye Institute (NEI) at the ... Phase I SBIR grant to develop a drug-eluting intraocular ... most common cause of vision loss in people over ... According to Dr. Ken Mandell, LayerBio’s Founder and CEO, ...
    (Date:12/19/2014)... 2014 In contrast to traditional LED ... various colors, Valoya uses proprietary LED technology to incorporate ... possible uniformity which is critical in low proximity installations. ... accuracy throughout its lifetime which is up to four ... , "The investment cost was clearly higher when compared ...
    (Date:12/19/2014)... -- Egenix, Inc. is pleased to announce that Lionel ... to succeed Donald Fresne ; Mr. Fresne has also ... member of the Board.  In recognition of the many contributions ... almost twenty years, the Board designated Mr. Fresne as Chairman ... a Search Committee to find a suitable replacement with Biotech ...
    Breaking Biology Technology:Latin American Dental Biomaterial Market Will Expand at a 12 Percent Annual Growth Rate Through 2023 2Latin American Dental Biomaterial Market Will Expand at a 12 Percent Annual Growth Rate Through 2023 3LayerBio Awarded NIH Grant to Develop a Drug Delivery Device for Cataract Surgery 2
    ... said this week that she would like Wisconsin to double ... the Act 255 program. , ,In an interview, Burke said ... but she would like to double the tax credits from ... Act 255, which had bipartisan support, the state made available ...
    ... Wis. Small Tree Communications said it ... Chippewa Valley Angel Investing Network , which invested $445,000 in ... drivers and other products for Apple's Mac OS X. It ... million in funding has been allocated for the company to ...
    ... Wis. Fiserv, Inc. , the Brookfield-based provider ... Wisconsin companies to make the annual Fortune 500 ... , ,Fiserv, which reported $4.1 billion in annual revenue ... 488 after ranking 510th last year. The annual ranking will ...
    Cached Biology Technology:Burke would like to double Act 255 angel tax credits 2
    (Date:12/17/2014)... Dec. 15, 2014 Research and Markets ... of the "Samsung Galaxy S5 - Home ... to their offering. ... different sensing technology than the iPhone 5S, Samsung ... in its product. The Galaxy S5 ...
    (Date:12/17/2014)... Dec. 15, 2014  HITLAB SM announced ... (GCP) audit to confirm its adherence to current ... accomplishment enables HITLAB to conduct regulated smart device ... principles for patient safety and research quality. ... access, quality, and delivery with innovative technology," said ...
    (Date:12/17/2014)... DUBLIN , Dec. 16, 2014 Research ... announced the addition of the "Global Chemical ... http://photos.prnewswire.com/prnh/20130307/600769 ... is the increasing demand for medical sensors in ... patient data for quick and correct diagnosis during ...
    Breaking Biology News(10 mins):Samsung Galaxy S5 - Home Button Synaptics Fingerprint Sensor Technology Analysis 2HITLAB Completes GCP Audit for FDA Smart Device & App Compliance 2Global Chemical Sensor Market 2015-2019: Key Vendors are Abbott Laboratories, Bayer, Hoffmann La-Roche, Johnson & Johnson, NGK Spark Plugs and Robert Bosch 2
    ... Wash. Richard D. Smith, Battelle Fellow at the U.S. ... one of 50 outstanding leaders in the 2007 Scientific American ... 50 key contributors in science and technology. Smith shared ... with a colleague from UCLAs David Geffen School of Medicine, ...
    ... Haven, Conn.A genetic mutation expands lesions in the aorta ... of the arteries, according to a study by Yale ... researchers found that mice engineered without the Akt1 gene ... signs of aortic atherosclerosis compared to their littermates. And, ...
    ... of space activities, a silent revolution is taking place ... the first human-rated spacecraft to be launched from Europe,s ... m3 pressurised module of the largest, most complex automated ... closed, fulfilling the most stringent rules of human spaceflight. ...
    Cached Biology News:PNNL's Richard Smith named to prestigious Scientific American 50 list of outstanding leaders 2Final preparations for first human-rated spacecraft to be lauched from Europe's Spaceport 2Final preparations for first human-rated spacecraft to be lauched from Europe's Spaceport 3