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Sinovac Reports Unaudited Third Quarter 2009 Financial Results
Date:11/15/2009

tanding: nil Common stock 42,584 42,894 Authorized: 100,000,000 shares at par value of $0.001 each Issued and outstanding: 42,583,761(2008- 42,893,928 ) Additional paid in capital 42,299,500 41,629,506 Accumulated other comprehensive income 4,218,717 4,143,225 Dedicated reserves 5,549,684 5,549,684 Retained earnings (accumulated deficit) 9,407,160 -1,651,534 Total stockholders' equity 61,517,645 49,713,775 Non-controlling interest 9,268,537 7,185,349 Total equity 70,786,182 56,899,124 Total liabilities and equity $124,459,883 $83,203,222 SINOVAC BIOTECH LTD. Consolidated Statements of Income and Comprehensive Income Three Months and Nine Months Ended September 30, 2009 and 2008 (Unaudited) (Expressed in U.S. Dollars) Three months ended Nine months ended September 30 September 30 2009 2008 2009 2008 Sales $21,224,685 $8,753,671 $47,809,111 $34,137,101 Cost of sales - (exclusive of depreciation of land -use rights and amortization of licenses and permits of $104,732 (2008 - $102,742) for three months and $314,081 (2008- $202,575) for nine months 3,675,695 1,658,862 8,886,251 5,320,667 Gross profit 17,548,990 7,094,809 38,922,860 28,816,434 Selling, general and administrative expenses 3,519,977 3,791,916 11,927,879 13,408,452 Research and development expenses - net of
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SOURCE Sinovac Biotech Co., Ltd.
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