BEIJING (AP) _ China Biologic Products Inc. (CBPO) on Monday reported fourth-quarter net income of $23.7 million.

The Beijing-based company said it had net income of 59 cents per share. Earnings, adjusted for stock option expense and amortization costs, came to 91 cents per share.

The biopharmaceutical company posted revenue of $112.1 million in the period.

For the year, the company reported profit of $152.3 million, or $3.82 per share. Revenue was reported as $524.4 million.

China Biologic Products shares have risen slightly since the beginning of the year. In the final minutes of trading on Monday, shares hit $118.33, an increase of nearly 9% in the last 12 months.

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