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Taro Provides Preliminary First Half 2009 Financial Results
Taro Pharmaceuticals USA, 08/11/09
Taro Pharmaceutical Industries Ltd. provided information on its financial performance for the first half of 2009. For the six months ended June 30, 2009, Taro estimates net sales of $181.7 million compared to $166.2 million in the same period of the previous year, a 9% increase. Gross profit for the first half of 2009 was $104.4 million, or 57% of net sales, compared to a gross profit of $91.5 million, or 55% of net sales for the same period in 2008, an increase of 14%.
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