RTTNews | Dec 7, 2020 07:42AM EST

07:42 Monday, December 7, 2020 (RTTNews.com) - Sinovac Biotech Ltd. (SVA) announced a profit for its third quarter that increased from last year.

The company's earnings came in at $9.65 million, or $0.10 per share. This compares with $6.28 million, or $0.06 per share, in last year's third quarter.

Excluding items, Sinovac Biotech Ltd. reported adjusted earnings of $11.30 million or $0.10 per share for the period.

The company's revenue for the quarter rose 79.4% to $115.45 million from $64.34 million last year.

Sinovac Biotech Ltd. earnings at a glance:

-Earnings (Q3): $11.30 Mln. vs. $6.83 Mln. last year.-EPS (Q3): $0.10 vs. $0.07 last year.-Revenue (Q3): $115.45 Mln vs. $64.34 Mln last year.

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