Las Vegas, NV -- (SBWIRE) -- 03/08/2013 -- China YCT International Group Inc. (PINK:CYIG) has jumped more than 10 percent in today’s session to close at $0.65. The traded volume of 114,142 shares also surpassed its average volume of 69,396 shares per day.
The share price has shown remarkable performance in last few weeks the reason of which could be that China YCT International Group Inc reported its financial results in last month. According to which the company generated the revenue of 6.92 million for the quarter ended December 31st, 2012 as compared to revenue of 10.11 million shares for the same period in 2011.
Despite lower revenue the company ended in net profit of $4.64 million for the respective period as compared to net loss of $1.43 million for the same period in 2011. The company’s revenue was mostly contributed by sales of its drugs which stood at $4.124 million while sales from its health care supplements stand at $2.634 million.
Moreover, the company also stands in profit for the nine months ending December 31st 2012 with net profit of $13.01 million.
To find out what OTCMAGIC projects for China YCT International Group Inc for both short term and long term please click here: CYIG
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