BEIJING (AP) _ Sinovac Biotech Ltd. (SVA) on Tuesday reported a first-quarter loss of $5.9 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Beijing-based company said it had a loss of 7 cents.
The biopharmaceutical company posted revenue of $15.4 million in the period.
The company’s shares closed at 1 cent. A year ago, they were trading at $8.19.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SVA at https://www.zacks.com/ap/SVA
The Associated Press