Navigation Links
China Yingxia International Announces Q4 and FY 2007 Estimates
Date:3/5/2008

-- Estimated Q4 2007 sales increased 78.8% compared to Q4 2006 -- Estimated Q4 2007 sales increased 57.4% compared to Q3 2007 -- Estimated sales for FY

2007 increased 89.4% compared to FY 2006

NEW YORK, March 5 /Xinhua-PRNewswire-FirstCall/ -- China Yingxia International, Inc. (OTC Bulletin Board: CYXI), a leading provider in the nutraceutical industry engaged in the development, manufacture and distribution of organic nutritional food products, supplements, and personal care products in China, today announced that it expects to report fourth quarter sales of $5.53 million. This compares to $3.09 million in the same period of 2006, an increase of 78.8%, and $3.51 million in the third quarter of 2007, an increase of 57.4%.

''We are very pleased with the strength in our sales,'' stated Ms. Yingxia Jiao, the Chairwoman of the company. ''We have expanded our product line, including our new functional organic rice for diabetics, soybean based products, and other health related and personal care products. Our expanded product lines are being very well received by our expanding retail network.''

''Our auditors have not yet completed the final accounting for 2007,'' Ms. Jiao continued, ''but we believe gross margins improved year on year, while selling and general expenses as a percentage of total revenue decreased. The combination of strong sales, good gross margins, and controlled selling and general expenses should enable us to report a substantial improvement in earnings for the fourth quarter, compared to both the third quarter of this year and the comparable quarter from the previous year. We should also be able to report strong earnings for all of 2007.''

''We are committed to improving our communication with investors in 2008,'' Ms Jiao stated. ''We are working very diligently to understand the interests of investors and are committed to being as good at communicating with you as we are at selling healthy products to our customers.''

''We will report earnings before the end of the month, and are looking forward to sharing the full details with you at that time,'' Ms. Jiao continued. ''We are also very excited about the opportunities for expansion in 2008.''

About China Yingxia International, Inc.

China Yingxia International, Inc., through its 100%-owned subsidiary, Harbin Yingxia Industrial Group Co., Ltd. ("Yingxia"), is primarily engaged in the development, production and sales of health food products in China. Yingxia is located in the Province of Heilongjiang in mainland China. Yingxia's products include soybean-based foods and drinks, longgu golden millet enriched products, cactus-based herbal supplements, personal care products, Nestle products, and organic rice products.

Safe Harbor Statement

The statements contained herein that are not historical facts are "forward-looking statements" within the meaning of Section 21E of the Securities and Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by, among other things, the use of forward-looking terminology such as "believes," "expects," "may," "will," "should," or "anticipates" or the negative thereof or other variations thereon or comparable terminology, or by discussions of strategy that involve risks and uncertainties. In particular, our statements regarding the potential growth of the markets are examples of such forward-looking statements. The forward-looking statements include risks and uncertainties, including but not limited to, general economic conditions and regulatory developments, not within our control. The factors discussed herein and expressed from time to time in our filings with the Securities and Exchange Commission could cause actual results and developments to be materially different from those expressed or implied by such statements. The forward-looking statements are made only as of the date of this filing, and we undertake no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

For more information, please contact:

Peter Zhou

Tel: +1-212-232-0058


'/>"/>
SOURCE China Yingxia International, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Related biology technology :

1. China Biologic Products Commences Trading on OTC Bulletin Board
2. STAAR Surgical Receives Approval to Market Visian(R) Toric Implantable Collamer Lens in China
3. China Technology Appoints Deloitte Touche Tohmatsu CPA as Independent Auditor
4. China-Biotics, Inc. Reports Third Quarter 2008 Financial Results
5. China Shenghuo to Market 12Ways(R) Skin Care Products in the U.S. through Agreement with Home Shopping Group
6. China Pharma Appoints Three Independent Non-Executive Directors
7. China-Biotics, Inc. Announces Rescheduling of Conference Call to Discuss Third Quarter 2008 Results
8. AMDL Receives a Significant Updated Appraisal of Its JJB China Production Facilities
9. China Agro-Technology Appoints New CEO
10. Historic Breakthrough in Fighting Childrens Batten Disease as China Stem Cells Give New Lease on Life to 6 Year Old California Boy
11. China-Biotics, Inc. Launches English / Chinese Corporate and Investor Relations Web Site
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/25/2016)... Diego, Calif. (PRWEB) , ... May 25, 2016 , ... ... Diego area and has consistently been rated one of its top attractions. Fortune ... the globe to participate in a unique and intimate team-building experience. , Each event ...
(Date:5/25/2016)... (PRWEB) , ... May 25, 2016 , ... ... Michael Fitzmaurice recently became double board-certified in surgery and surgery of the hand ... Dr. Fitzmaurice is no stranger to going above and beyond in his pursuit ...
(Date:5/25/2016)... LAKE CITY, UTAH. (PRWEB) , ... May 25, 2016 , ... ... efficiencies in healthcare information exchange, today announced that Charles W. Stellar has been named ... as WEDI’s interim CEO since January 2016. As an executive leader with more than ...
(Date:5/24/2016)... (PRWEB) , ... May 24, 2016 , ... ... attacks, diabetes, and traumatic injuries, will be accelerated by research at Worcester Polytechnic ... into engines of wound healing and tissue regeneration. , The novel method, developed ...
Breaking Biology Technology:
(Date:4/28/2016)... and BANGALORE, India , April ... EdgeVerve Systems, a product subsidiary of Infosys (NYSE: ... today announced a global partnership that will provide ... to use mobile banking and payment services.      ... a key innovation area for financial services, but it also ...
(Date:4/19/2016)... UAE, April 20, 2016 The ... as a compact web-based "all-in-one" system solution for all ... fingerprint reader or the door interface with integration authorization ... access control systems. The minimal dimensions of the access ... into the building installations offer considerable freedom of design ...
(Date:4/13/2016)... , April 13, 2016  IMPOWER physicians supporting ... are setting a new clinical standard in telehealth thanks ... By leveraging the higi platform, IMPOWER patients can routinely ... pulse and body mass index, and, when they opt ... and convenient visit to a local retail location at ...
Breaking Biology News(10 mins):