Brief: China Pharma Holdings, Inc. Reports Second Quarter 2019 Financial Results

China Pharma Holdings

15/08/2019 11:32

Aug 15 (Reuters) - China Pharma Holdings Inc  CPHI.A :
    * CHINA PHARMA HOLDINGS, INC. REPORTS SECOND QUARTER 2019
FINANCIAL RESULTS
    * Q2 LOSS PER SHARE $0.02
    * Q2 REVENUE FELL 19 PERCENT TO $2.6 MILLION
    * AS OF JUNE 30, 2019, COMPANY HAD CASH AND CASH EQUIVALENTS
OF
$1.7 MILLION COMPARED TO $1.2 MILLION AS OF DECEMBER 31, 2018
    * AS OF JUNE 30, 2019, COMPANY HAD CASH AND CASH EQUIVALENTS
OF
$1.7 MILLION COMPARED TO $1.2 MILLION AS OF DECEMBER 31, 2018.
    * EXPERIENCING SUSTAINED PRESSURE FROM MORE STRINGENT
REQUIREMENTS
OF DRUG REGISTRATION STANDARDS
    * EXPERIENCING SUSTAINED PRESSURE FROM CONSISTENCY
EVALUATIONS AND
CHALLENGING ENVIRONMENT IN OUR INDUSTRY IN THIS PERIOD

Source text for Eikon:  ID:nPn28H6ypa 
Further company coverage:  CPHI.A 

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