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Sinovac Reports Fourth Quarter and Full Year 2007 Financial Results
Date:3/30/2008

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Income (loss)

before minority

interest 2,957,863 739,573 11,212,907 305,246

Minority interest

share of (income)

loss (964,588) (558,934) (3,562,501) (1,001,279)

Net Income (loss)

for the year 1,993,275 180,639 7,650,406 (696,033)

Foreign currency

translation

adjustment 513,502 12,858 1,310,985 302,490

Comprehensive

income (loss) 2,506,777 193,497 8,961,391 (393,543)

Earnings (Loss) per

share

- Basic 0.05 0.005 0.19 (0.02)

- Diluted 0.05 0.004 0.19 (0.02)

Weighted average

number of shares

of common stock

outstanding

- Basic 40,312,158 39,893,803 40,254,192 38,229,944

- Diluted 40,851,072 40,335,656 40,637,876 38,229,944

For more information, please contact:

Helen G. Yang

Sinovac Biotech Ltd.

Phone: +86-10-82890088 x871

Fax: +86-10-62966910

Email: info@sinovac.com

Investors/Media:

Stephanie Carrington/Janine McCargo

The Ruth Group

Tel: +1-646-536-7017 /7033

Email: scarrington@theruthgroup.com / jmccargo@theruthgroup.com


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SOURCE Sinovac Biotech Co., Ltd.
Copyright©2008 PR Newswire.
All rights reserved

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