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China Sky One Medical Ups Q1 Revenue by 30%

publication date: Jun 6, 2007
Profits Increase 74% -- China Sky One Medical Inc. (Bulletin Board: CSKI), which produces and distributes Western medicines for sale in China, reported solid increases on its year-over-year financial results for the first quarter of 2007. Revenues jumped 30% to $5.2 million while profits soared 74% to $1.5 million, which works out to $0.12 per share. Gross margin also moved up, rising to 78.2% from 76.1%. More details...


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