Ceapro Inc. Reports 2016 Financial Results and Provides Corporate Update
Company reports highest full year revenues in Company's history and continues to deliver strong performance
EDMONTON, ALBERTA--(April 6, 2017) -Ceapro Inc.(TSX VENTURE:CZO)("Ceapro" or the "Company"), a growth-stage biotechnology company focused on the development and commercialization of active ingredients for healthcare and cosmetic industries, today announced its financial results for the twelve months ended December 31, 2016 and provided a corporate update. The Company's 2016 financial results reveal the best year in Ceapro's history.
Financial Highlights for the Full Year 2016
Highest full year revenue and operating cash flows in Company's history;
Total sales of $13,674,000 for the full year 2016 compared to $10,667,000 in 2015, an increase of 28.2% year-over-year revenue performance;
- Published: 06 April 2017
- Written by Editor