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China Cord Blood Corporation Reports Financial Results for the Third Quarter and First Nine Months of Fiscal 2012
Date:2/27/2012

creased by 57.0% to RMB102.7 million ($16.3 million) from RMB65.4 million in the prior year period.

"We are pleased with the solid performance in this quarter as new subscriber numbers in Beijing and Guangdong remain on track towards our full year target under the newly adopted strategy," stated Ms. Zheng, Chairperson and Chief Executive Officer of CCBC. "As we continue to recruit new subscribers under the more favorable payment option, we are essentially strengthening the Company's cash generating capabilities. The improved cash position will enable us to apply surplus cash to possibly expand our operation base and increase shareholder returns through share buy-back purchases. We have also grown our operating cash flow significantly in the first nine months, which already exceeded the operating cashflow for the full year of fiscal 2011 by a significant margin. Even with our Zhejiang operation at its start up phase, we are proud to note that both our Beijing and Guangdong operations have reported tremendous financial and operational successes."Summary - The Third Quarter and First Nine Months Ended December 31, 2010 and 2011  

 

  

Three Months Ended

Nine Months Ended 

December 31,

December 31, 

2010

2011

2010

2011(in thousands)

RMB

RMB

USD

RMB

RMB

USDRevenues

90,483

94,821

15,066

244,861

280,712

44,601Gross Profit

69,514

73,118

11,618

187,486

217,384

34,539Operating Income

34,841

31,524

5,010

87,390

100,001

15,889Net Income Attributable to Shareholders

25,875

39,470

6,273

65,444

102,741

16,323EPS Attributable to Ordinary Shares 

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SOURCE China Cord Blood Corporation
Copyright©2010 PR Newswire.
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