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Tiens Biotech Group (USA) Reports Fourth Quarter and Twelve-Month Results; Fourth Quarter Revenue Increased 40% - Twelve Month Revenue Rose 17%.
NEW YORK, April 4 /PRNewswire-FirstCall/ -- Tiens Biotech Group (USA), Inc. ("the Company" or "Tiens USA"), , http://www.tiens-bio.com/, announced financial results for the fourth quarter and twelve months ended December 31, 2005.
Revenue for the fourth quarter ended December 31, 2005 increased approximately 40% to $17,958,202 from $12,835,756 for the fourth quarter ended December 31, 2004.
The rise in revenue mainly reflects a 760% increase in the demand for Tiens' products in China, resulting from an increase in Tiens' networking domestic sales force and the establishment of 40 new branches in China by Tianshi Engineering. The addition of the 40 new ...
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