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0 0 0.0465116279069767 0.0465116279069767 0.042093023255814 0.0372093023255814 0.0232558139534884 0.0467441860465116
Stock impact report

Updates - China Pharma Holdings, Inc. Reports Fiscal Year 2019 Financial Results

China Pharma Holdings, Inc. (CPHI) 
NASDAQ:AMEX Investor Relations: chinapharmaholdings.com/investor/profile.htm
Company Research Source: PR Newswire
HAIKOU CITY, China, April 14, 2020 /PRNewswire/ -- China Pharma Holdings, Inc. (NYSE American: CPHI)  ("China Pharma," the "Company" or "We"), an NYSE American-listed corporation with a fully-integrated specialty pharmaceuticals subsidiary based in China, today announced that it is re-issuing its previous release that was made on March 31, 2020 to incorporate certain disclosures that are required under the NYSE American Company Guide Sections 401(h) and 610(b). Included below are these additional disclosures along with the previously disclosed financial results for the fiscal year ended December 31, 2019.Full Year Highlights Revenue decreased 11.4% to $11.0 million in fiscal year 2019 from $12.3 million in fiscal year 2018; Gross margin was 13.6% in fiscal year 2019, compared to 16.0% in fiscal year 2018. Impairment loss was $17.0 million in fiscal year 2019 compared to $6.5 million in fiscal year 2018, which represented an increase of $10.5 million; Loss from operations was $20.4 mil Show less Read more
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