Monday, November 14, 2011

China Kangtai Cactus Biotech Q3 Revenue Up 39% to $13.3M; Q3 Operating Income Up 72% to $5.38M; EPS $0.18; Net Income Up 42% to $4M. YTD Revenue Up 23% to $29.2M; Operating Income Up 71% to $11.26M

China Kangtai Cactus Biotech Inc. (OTCBB: CKGT), a vertically integrated grower, developer, manufacturer and marketer of a variety of cactus-based products in China, announced today that revenue for the third quarter of 2011 increased 39% to $13.3 million, compared to $9.5 million in the same period of 2010. Income from operations rose 72% to $5.4 million, compared to $3.1 million in the same period of 2010. Net income for the third quarter of 2011 increased 42% to $3.99 million or $0.18 per diluted shar...continued
     

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