"Excess Cash Dividend" means any cash dividend to holders of shares that, together with all other cash dividends previously paid to holders of shares in the same financial year, exceeds, on a per share basis, an amount equal to the interest that has accrued and shall accrue at 7% in such financial year divided by the number of shares into which the note is convertible at the conversion price then in effect on the relevant record date.First Half of Fiscal 2014 Financial ResultsFor the first half of fiscal year 2014, total revenues increased by 10.9% to RMB270.4 million ($44.2 million) from RMB243.8 million in the prior year period. The increase was largely attributable to the implementation of the Company's new service pricing and the expansion of the Company's accumulated subscriber base to 343,170 subscribers, which partially offset the decrease in new subscriber numbers. Revenues from processing fees and storage fees grew by 3.1% and 35.4%, respectively. Gross profit increased by 13.6% to RMB218.5 million ($35.7 million) from RMB192.3 million in the prior year period. Operating income increased by 11.7% to RMB102.2 million ($16.7 million) from RMB91.4 million in the prior year period. Net income attributable to the Company's shareholders amounted to RMB57.8 million ($9.4 million). Basic and diluted earnings per share attributable to ordinary shares were RMB0.73 ($0.12). Net cash provided by operating activities in the first hal
|SOURCE China Cord Blood Corporation|
Copyright©2012 PR Newswire.
All rights reserved