sector: Healthcare ·
industry: Pharmaceuticals - Generic & Specialty ·
C.P. Pokphand Co. Ltd. (CPP) is a hydrochloride chlortetracycline (HCL CTC) producer. The Company operates in three segments. The biochemical segment represents the manufacture and sale of chlortetracycline products. The industrial business segment represents the manufacture and sale of motorcycles and automobile accessories and trading of machinery through jointly controlled entities. The investment and property holding segment represents leasing offices owned by the Company and its subsidiaries, and acts as the investment holdings of the subsidiary companies.
BRIEF: For the six months ended 30 June 2009, C.P. Pokphand Co. Ltd.'s revenue decreased 12% to $31.5M. Net income from continuing operations decreased 51% to $3.8M. Revenue reflects a decrease in income from manufacturing & sale of Chlortetracycline products and lower income from Investment & property Holding segment. Net income was partially offset by a decrease in gross profit margins and lower other income.
C. P. Pokphand Co. Ltd.
21/F Far East Finance Centre
16 Harcourt Road