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China Cord Blood Corporation Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2011
Date:6/10/2011

ional and financial performance at our Beijing and Guangdong operations," stated Ms. Ting Zheng, Chairperson and Chief Executive Officer of China Cord Blood Corporation. "Our strong revenue growth for the year demonstrates the effectiveness of our promotion initiatives, which led to deepening penetration in our operating regions and continued growth in our total subscriber number. Furthermore, we are also encouraged by the ongoing margin expansion in our business, which speaks to our management team's operational execution abilities, the successful roll-out of our market development strategies, and the success of our brand-building efforts."

Ms. Zheng continued, "We are the exclusive cord blood banking operator in Beijing, Guangdong and Zhejiang with access to a vast addressable market of an estimated 1.8 million newborns per year. We have already made significant progress and fully intend to continue to deepen our penetration into these untapped and lucrative markets with new initiatives. For example, by rebranding our services as 'premium personalized healthcare services,' we believe that we will be able to better target our key potential subscribers, the expanding middle-class in China, which should in turn further increase our penetration rate among high-income earners and strengthen our subscriber base." Summary – The Quarter and Fiscal Year Ended March 31, 2010 and 2011Three Months Ended

Twelve Months EndedMarch 31,

March 31,2010

2011

2010

2011RMB(‘000)

RMB(‘000)

USD(‘000)

RMB(‘000)

RMB(‘000)

USD(‘000)Revenue

70,806

94,671

14,457

261,536

339,532

51,850Gross Profit

55,691

74,670

11,403

195,806

262,156

40,034Operating Income

24,901

36,429

5,563

97,193

123,819

18,909Net Income Attributable to Shareholders

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SOURCE China Cord Blood Corporation
Copyright©2010 PR Newswire.
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