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Sinovac Reports Third Quarter 2008 Unaudited Financial Results
Date:11/18/2008

611,210 Depreciation of property, plant and equipment and amortization of licenses and permits 526,117 474,818 Total operating expense 16,343,314 10,572,008 Operating income 12,473,120 10,180,040 Interest and financing expenses (747,496) (294,657) Interest income and other income (expenses) (36,685) 301,301 Income before income taxes and minority interest 11,688,939 10,186,684 Income taxes recovery (expense) - Current (4,229,613) (1,872,944) - Deferred 991,461 (58,696) Income before minority interest 8,450,787 8,255,044 Minority interest share of earnings 2,814,703 2,597,913 Net income 5,636,084 5,657,131 Other comprehensive income Foreign currency translation adjustment 2,284,001 797,483 Comprehensive income $7,920,085 $6,454,614 Earnings per share - basic $0.13 $0.14 - diluted $0.13 $0.14 Weighted average number of shares of common stock outstanding - Basic 42,299,187 40,243,657 - Diluted 42,638,584 40,523,937 SINOVAC BIOTECH LTD. Consolidated Statements of Cash Flows Three Months and Nine Months Ended September 30, 2008 and 2007 (Unaudited) (Expressed in U.S. Dollars) Three Months ended September 30
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SOURCE Sinovac Biotech Ltd.
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