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3SBio Inc. Announces Unaudited Third Quarter 2009 Results
Date:11/12/2009

SHENYANG, China, Nov. 12 /PRNewswire-Asia-FirstCall/ -- 3SBio Inc. (Nasdaq: SSRX) ("3SBio" or "the Company"), a leading China-based biotechnology company focused on researching, developing, manufacturing and marketing biopharmaceutical products, today announced its unaudited financial results for the third quarter ended September 30, 2009.

    Third Quarter 2009 Financial Highlights:

    -- Total net revenues increased by 35.8% over the third quarter of 2008 to
       RMB92.6 million (US$13.6 million).
    -- Operating income increased by 37.8% over the third quarter of 2008 to
       RMB28.5 million (US$4.2 million) on a GAAP basis, and increased by
       34.7% over the third quarter of 2008 to RMB29.8 million (US$4.4
       million) on a non-GAAP basis.
    -- Net income increased by 1343.5% over the third quarter of 2008 to
       RMB26.9 million (US$3.9 million) on a GAAP basis, and increased by
       25.6% over the third quarter of 2008 to RMB28.2 million (US$4.1
       million) on a non-GAAP basis.
    -- Net income per American Depositary Share ("ADS") for the third quarter
       of 2009 was RMB1.25 (US$0.18) compared with RMB0.09 (US$0.01) for the
       third quarter of 2008 on a GAAP basis, and RMB1.31 (US$0.19) for the
       third quarter of 2009 compared with RMB1.03 (US$0.15) for the third
       quarter of 2008 on a non-GAAP basis.

    First Nine Months 2009 Financial Highlights:

    -- Total net revenues in the first nine months of 2009 increased by 32.5%
       to RMB242.6 million (US$35.5 million) compared to RMB183.2 million
       (US$27.0 million) in the first nine months of 2008.
    -- Operating income increased by 48.6% over the first nine months of 2008
       to RMB74.5 million (US$10.9 million) on a GAAP basis, and increased by
       44.3% to RMB77.5 million (US$11.4 million) on a non-GAAP basis.
    -- Net income increased by 70.2% over the first nine months of 2008 to
       RMB69.8 million (US$10.2 million
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SOURCE 3SBio Inc.
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6. 3SBio Inc. to Report 2008 Fourth Quarter and Full Year Earnings on March 11, 2009
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