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Fuwei Films Announces Fourth Quarter and Full Year 2007 Financial Results
Date:4/14/2008


The following is a breakdown of commodity and specialty film sales for the full-year periods ended December 31, 2007 and December 31, 2006 (amounts in thousands):

Fiscal Year Ended

December

December 31, 2007 % of 31, 2006 % of

RMB US$ Total RMB Total

Printing film 83,453 10,972 18.6 95,315 21.8

Stamping film 94,366 12,407 21.0 99,856 22.9

Metallization film 30,668 4,032 6.8 34,772 8.0

Base film for other

applications 70,925 9,325 15.8 46,784 10.7

Specialty film 169,961 22,346 37.8 160,157 36.7

Total 449,373 59,082 100 436,884 100

Revenues from overseas in 2007 soared 23.9% from 2006 to US$15.0 million (RMB 114.2 million), or 25.4% of total revenues.

The following is a breakdown of domestic versus overseas sales for the full-year periods ended December 31, 2007 and December 31, 2006 (amounts in thousands):

Fiscal year period ended

December

December 31, 2007 % of 31, 2006 % of

RMB US$ Total RMB Total

Sales in China 335,213 44,073 74.6 345,122 79.0

Sales in other

countries 114,160 15,010 25.4 91,762 21.0

Total 449,373 59,083 100 436,884 100

Gross profit for 2007 was US$13.1 million (RMB 99.8 million), compared with RMB 102.5 million. Gross margin was 22.2%, as opposed to 23.5% in 2006. The decrease
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SOURCE Fuwei Films (Holdings) Co. Limited
Copyright©2008 PR Newswire.
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