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3SBio Inc. Announces Second Quarter 2008 Results
Date:8/12/2008

, NY 10016

Tel: +1-212-889-4350

Email: 3sbio@taylor-rafferty.com

Web: http://www.taylor-rafferty.com

Investor Relations (HK):

Ruby Yim, Managing Director

Taylor Rafferty

3213 Cosco Tower

183 Queen's Road Central Hong Kong, China

Tel: +852-3196-3712

Email: 3sbio@taylor-rafferty.com

Web: http://www.taylor-rafferty.com

Media Contact:

John Dudzinsky, Director

Taylor Rafferty

205 Lexington Avenue 8th Floor

New York, NY 10016

Tel: +1-212-889-4350

Email: 3sbio@taylor-rafferty.com

Web: http://www.taylor-rafferty.com

3SBio Inc. and subsidiaries

Unaudited consolidated balance sheets

(expressed in thousands)

December 31 June 30 June 30

2007 2008 2008

RMB RMB US$

Assets

Current assets

Cash and cash equivalents 811,026 728,587 106,222

Accounts receivable, less allowance for

doubtful accounts:

December 31, 2007 - RMB5,257; June 30, 2008

- RMB5,641 55,186 75,039 10,940

(US$822)

Inventories 6,882 7,404 1,079

Prepaid expenses and other receivables 12,074 13,092 1,909

Structured deposit 3,527 -- --

Deferred tax assets 2,335 1,758 256

Total current assets 891,030 825,880 120,406

Available-for-sale securities 15,196 65,983 9,620


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SOURCE 3SBio Inc.
Copyright©2008 PR Newswire.
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