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China Medicine Reports Lower Q3

publication date: Nov 14, 2008
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China Medicine Corporation said a delay in a provincial bidding system caused its Q3 revenues to fall 17% to $10.5 million. Even though margins rose slightly, the increases were not enough to offset Q3’s lower revenues. As a result, net income dipped 10% to $2 million or 13 cents per share. More details...

Stock Symbol: (OTCBB: CHME)




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