Navigation Links
Tiens Biotech Group (USA) Reports Second Quarter and Six-Month Results
Date:8/19/2010

Tiens Biotech Group (USA), Inc. (the "Company" or "Tiens", NYSE AMEX: TBV), http://www.tiens-bio.com , today announced financial results for the second quarter and six months ended June 30, 2010.

Revenue for the second quarter of 2010 was $8.2 million, compared to $20.6 million for the second quarter of 2009. Revenue for the six months ended June 30, 2010 was $19.6 million, compared to $38.8 million for the first six months of 2009.

Net income for the second quarter of 2010 was $0.5 million, or $0.01 per share, compared to net income of $10.3 million, or $0.14 per share, for the 2009 second quarter. For the six months ended June 30, 2010, net income was $4.1 million, or $0.5 per share, compared to $19.3 million, or $0.26 per share for the first six months of 2009.

The decrease in revenue was mainly due to a decrease in international sales which reflects China's Administration of Quality Supervision, Inspection and Quarantine carrying out a national campaign against unsafe food and substandard products in 2008, which brought on a general slow-down and backlog of export clearances for Chinese food products. Upon the lifting of the regulations, overseas affiliated companies began to purchase more products, thereby increasing sales in the first two quarters of 2009. Second quarter 2010 sales to Indonesia, Russia, Vietnam and Peru further decreased due to the distributors in these countries purchasing more products in the first half of 2009, after the 2008 product scarcity. The decrease in sales in China was mainly due to domestic distributors' reduced purchasing demand following their stocking up of products during 2009. Management believes the decrease in revenues is temporary, and that revenue growth will resume in the near future.

'/>"/>
SOURCE Tiens Biotech Group (USA), Inc.
Copyright©2010 PR Newswire.
All rights reserved

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

Related biology technology :

1. Tiens Biotech Group (USA) Reports Second Quarter and Six-Month Results
2. Tiens Biotech Group (USA) Reports First Quarter Results
3. Tiens Biotech Group (USA) Reports Second Quarter and Six-Month Results
4. Tiens Biotech Group (USA) Reports First Quarter Results
5. InNexus Biotechnology Announces Launch of Large Scale Primate Study of DXL625
6. Yongye Biotechnology International Retains CCG Investor Relations
7. ThirdBiotech Announces Kemeta as Newest Sponsor
8. Sinovac Biotech Ltd. Schedules 2007 Annual Meeting of Shareholders
9. Oncolytics Biotech Inc. Completes Dose Escalation in Combination REOLYSIN(R)/Docetaxel Trial
10. Yongye Biotechnology International Announces Conference Call to Discuss Second Quarter 2008 Results
11. China Kangtai Cactus Biotech Announces Record Second Quarter Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/31/2015)... Pittcon 2015, the 66th Conference and Exposition ... 12, in New Orleans with an economic impact to ... the New Orleans Convention and Visitor's Bureau. This global ... personnel. Those who attended Pittcon for the first-time ... third year, the co-location of Food Labs Conference, organized ...
(Date:3/31/2015)... N.J. , March 31, 2015  Bayer ... Broad Institute of Massachusetts Institute of Technology (MIT) ... drug discovery. The goal of this new part ... human genetics to help create new cardiovascular therapies. ... collaboration with the Broad Institute to the area ...
(Date:3/31/2015)... , March 31, 2015  The Myeloma Crowd ... the selection of ten proposals that will now ... the first patient-led, scientifically validated funding initiative uncovering ... Stage 2 of the MCRI included preliminary vetting ... of a large number of innovative projects focusing ...
(Date:3/31/2015)... March 31, 2015  University of Illinois, ... will deliver the plenary session address on Monday, May ... Symposium (IMS) , kicking off a week of more ... the intersection of RF and microwave technologies with health. ... Radios, Sensors and Circuits for the Skin," will focus ...
Breaking Biology Technology:Pittcon 2015 Hits the Big Easy in a Big Way 2Pittcon 2015 Hits the Big Easy in a Big Way 3Pittcon 2015 Hits the Big Easy in a Big Way 4Bayer HealthCare Expands Collaboration with Broad Institute of MIT and Harvard to Develop Therapies for Cardiovascular Disease 2Bayer HealthCare Expands Collaboration with Broad Institute of MIT and Harvard to Develop Therapies for Cardiovascular Disease 3Myeloma Crowd Research Initiative Selects 10 High-Risk Multiple Myeloma Proposals For Further Review 2Health and Engineering Converge at the 2015 International Microwave Symposium 2Health and Engineering Converge at the 2015 International Microwave Symposium 3
... 2011 Myriad Genetics, Inc. (NASDAQ: MYGN ) ... Spirit of Giving Award" by the Utah Philanthropy Day Committee. ... made outstanding philanthropic and charitable service contributions to the community. ... Day luncheon at the Little America Hotel at 12pm.   ...
... Football has often been called "a game of inches," but ... only a few nanometers can determine the fate of a ... turns cancerous. Scientists with the U.S. Department of Energy (DOE),s ... and better way to study the impact of spatial patterns ...
... 1, 2011 Epitomics, Inc., a California based ... a Notice of Allowance from the United States ... Identifying Differentially Expressed Proteins (application 10/705,109).  The Notice ... proteins in cell samples using libraries of antibodies. ...
Cached Biology Technology:Myriad Genetics Receives the "Corporate Spirit of Giving Award" From the Utah Philanthropy Day Committee 2Myriad Genetics Receives the "Corporate Spirit of Giving Award" From the Utah Philanthropy Day Committee 3Berkeley Lab scientists develop new tool for the study of spatial patterns in living cells 2Berkeley Lab scientists develop new tool for the study of spatial patterns in living cells 3
(Date:3/24/2015)... , March 24, 2015   Crossmatch ™, ... today announced that its U.are.U ® 4500 ... Goorin Bros . to achieve PCI compliance ... secures access to the POS terminal, protecting the ... of data breaches. With one-third ...
(Date:3/20/2015)... , Mar. 20, 2015 Research and ... the addition of the "India Sensors Market ... offering. The sensor market is projected ... 2020 Consumer electronics, automotive, industrial and ... sensors in the country. In addition, adoption of ...
(Date:3/18/2015)... Florida , March 18, 2015 ... as businesses, new revolutionary smart wallets and apps continue to ... Companies currently entrenched in the mobile payment industry in focus ... Group Holding Ltd. (NYSE: BABA ), Apple Inc. ... GOOG ) and Facebook Inc. (NASDAQ: FB ) ...
Breaking Biology News(10 mins):Crossmatch Fingerprint Readers Help Retailer Prevent Data Breaches at Point-of-Sale 2India Sensors Market Forecast and Opportunities 2020 - STMicroelectronics held the largest share in 2014 2India Sensors Market Forecast and Opportunities 2020 - STMicroelectronics held the largest share in 2014 3Revolutionary Smart Wallet & Mobile Payment Choices Change the Game for Consumers - Company Begins Shipping Newest Digital Wallet to Customers 2Revolutionary Smart Wallet & Mobile Payment Choices Change the Game for Consumers - Company Begins Shipping Newest Digital Wallet to Customers 3Revolutionary Smart Wallet & Mobile Payment Choices Change the Game for Consumers - Company Begins Shipping Newest Digital Wallet to Customers 4Revolutionary Smart Wallet & Mobile Payment Choices Change the Game for Consumers - Company Begins Shipping Newest Digital Wallet to Customers 5Revolutionary Smart Wallet & Mobile Payment Choices Change the Game for Consumers - Company Begins Shipping Newest Digital Wallet to Customers 6
... genetic and environmental factors such as dietary habits in ... of the Neurological Clinic of LMU and Helmholtz Zentrum ... genome-wide expression and association study confirms that vitamin B6 ... therapy response ( Annals of Neurology , January, 2010). ...
... many years of study, a team of researchers is releasing ... therapies that will kill the family of parasites that causes ... of underdeveloped and developing nations for centuries. In an ... Journal of Biological Chemistry , Vanderbilt University scientist Galina Lepesheva ...
... (Jan. 15, 2009) -- In recent years, substantial ... to understand the details of cellular structure and dynamics ... new edition of the popular laboratory manual Live ... collection of established techniques--producing the most comprehensive and up-to-date ...
Cached Biology News:Genetic risk factor identified for Parkinson's disease 2Scientists hope to end sleeping sickness by making parasite that causes it self-destruct 2Scientists hope to end sleeping sickness by making parasite that causes it self-destruct 3New edition of popular lab manual presents latest techniques for probing cellular dynamics 2
1M stock solution (238mg/ml)...
...
Request Info...
... ZMD.330. Immunogen: Synthetic peptide derived from ... and mouse protein kinase C zeta isoform ... and mouse PKCzeta protein. Recognizes PKCzeta ... cross-react with PKCiota/lambda. Reactivity: Mouse Rat ...
Biology Products: