China Nuokang Bio-Pharmaceutical Inc. (NKBP) reported that its second-quarter net income was RMB10.5 million or $1.7 million, down from RMB14.1 million in the prior year period. Net income was RMB0.56 or $0.09 per ADS, compared to RMB0.72 per ADS last year.
Non-GAAP adjusted net income, excluding foreign exchange gains and losses, ESOP-related charges and the ASC 740 adjustment, were RMB11.3 million or $1.8 million, compared to RMB15.7 million in the prior year period.
Revenue for the second quarter of 2012 was RMB72.9 million or $11.5 million, compared to RMB79.5 million in the second quarter of 2011.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.