June 21, 2007 -- China-Biotics released its fourth quarter and 2007 financial report, showing that the company made a profit of $10.9 million on revenues of $30.6 million. Revenues were up 40% while the net income figure represents an increase of 31%. Earnings were a solid 36% of revenues. In China, China-Biotics operates through its wholly-owned subsidiary, Shanghai Shining Biotechnology Co., Ltd. China-Biotics makes and distributes probiotic dietary supplements containing live microbial nutritional supplements under the brand “Shining.” We profile the history of the company and its plans for the future...
