Navigation Links
Shengtai Pharmaceutical, Inc. Reports Third Quarter Results of Fiscal Year 2008
Date:5/16/2008

diluted weighted average shares was 19.8 million in the third fiscal quarter of 2008 versus 10.1 million for the same period of last year, primarily due to a private placement of stock in May 2007.

Financial Condition

As of March 31, 2008, Shengtai Pharmaceutical had cash and restricted cash of $5.7 million and working deficit of $20.6 million. During the three months ended March 31, 2008, the Company generated $12.7 million in cash flow from operations. As of March 31, 2008, the Company had $45.8 million in total debt, and $42.5 million of shareholders' equity.

Business Outlook

In October 2007, Shengtai Pharmaceutical completed a new cornstarch production facility with maximum annual capacity to produce 240,000 metric tons, which is close to its existing glucose production plant and new glucose production complex. Currently, the cornstarch production facility produces cornstarch to satisfy the Company's own glucose production needs, and the some excess cornstarch is sold to outside customers.

The Company has been upgrading its existing glucose facilities and is expected to reach projected annual production capacity of about 90,000 metric tons in first half of 2008. It is currently utilizing more cornstarch internally for the production of pharmaceutical glucose and other higher value-added products. The new cornstarch production facility ensures the adequacy and quality of the cornstarch as the main material of pharmaceutical glucose and lower shipping costs to improve its profit margins. During the nine months ended March 31, 2008, we estimate that by using cornstarch manufactured internally, we have saved $1.0 million.

Shengtai Pharmaceutical nearly finished the construction of the new glucose production complex with expected annual production capacity of 120,000 tons. The new facility is now equipped with most of the major high-tech operational machines and the Company will apply its international quality control standa
'/>"/>

SOURCE Shengtai Pharmaceutical, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12

Related medicine news :

1. Shengtai Pharmaceutical, Inc. Announces Conference Call to Discuss Third Quarter Results of Fiscal Year 2008
2. Shengtai Pharmaceutical, Inc. Reports Strong Second Quarter Results of Fiscal Year 2008
3. Shengtai Pharmaceutical, Inc. to Present at Roth Conference
4. Shengtai Pharmaceutical, Inc. to Present at Roth Capital Phoenix Conference
5. Shengtai Pharmaceutical, Inc. Reports First Quarter Results of Fiscal Year 2008
6. Shengtai Pharmaceutical, Inc. Reports Record 2007 Annual Results
7. China Sky One Medical, Inc. Closes Acquisition of Heilongjiang Tianlong Pharmaceutical, Inc.
8. China Sky One Medical, Inc. to Acquire Heilongjiang Tianlong Pharmaceutical, Inc.
9. NxStage Medical to Present at the Merrill Lynch Global Pharmaceutical, Biotechnology & Medical Device Conference on February 7, 2008
10. Medarex to Present at the Merrill Lynch Global Pharmaceutical, Biotechnology & Medical Device Conference
11. 2008 Merrill Lynch Global Pharmaceutical, Biotechnology and Medical Device Conference to Webcast Millennium Presentation
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/27/2014)... (PRWEB) July 27, 2014 Ticket Down ... at The Forum in Inglewood, California on November 15th. ... diehard fans can expect to hear songs from this amazing album ... Summer concert in Inglewood, California at The Forum will be released ... at 10:00 a.m. today local time TicketDown.com. This popular secondary ...
(Date:7/27/2014)... According to a new market report published ... Operative Devices, and Visualization Systems) - Global Industry Analysis, ... endoscopy devices market was valued at USD 24.9 billion ... CAGR of 6.8% from 2013 to 2019, to reach ... , Endoscopy procedures are performed by inserting rod shaped ...
(Date:7/27/2014)... Scientists from The University of Manchester have discovered why medication ... findings, published in Nature Medicine , show that drugs ... clock. , In the UK pneumonia, which is ... each year and is more serious for babies, young children, ... , More than 5 million people in the UK ...
(Date:7/27/2014)... Prominent Vancouver Chiropractors, Dr. Shervin Ranjbar ... the hamstring release procedure in Vancouver, BC. Both these ... Vancouver and have years of experience in the field ... out by the two professionals using a foam roller ... to release tight hamstrings and relieve the client of ...
(Date:7/27/2014)... The North American security and surveillance ... million in 2014, and it is expected to reach ... The report incorporates the factors that influence a country’s ... rates and projected total expenditure. The report also throws ... Apart from the general overview of the companies, it ...
Breaking Medicine News(10 mins):Health News:5 Seconds of Summer Tickets at The Forum in Inglewood (Los Angeles), CA Now Available For Sale at Ticket Down 2Health News:Global Endoscopy Devices Market: Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019 2Health News:Global Endoscopy Devices Market: Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019 3Health News:Global Endoscopy Devices Market: Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019 4Health News:Drugs used to treat lung disease work with the body clock 2Health News:Renowned Vancouver Chiropractors Demonstrates Hamstring Release in Vancouver, BC 2Health News:North America Security and Surveillance Radar Market is Expected to Reach $2030 million in 2019 - New Report by MicroMarket Monitor 2Health News:North America Security and Surveillance Radar Market is Expected to Reach $2030 million in 2019 - New Report by MicroMarket Monitor 3Health News:North America Security and Surveillance Radar Market is Expected to Reach $2030 million in 2019 - New Report by MicroMarket Monitor 4Health News:North America Security and Surveillance Radar Market is Expected to Reach $2030 million in 2019 - New Report by MicroMarket Monitor 5
... Expanding for Plaintiffs with In Utero Injuries, is now available free from ... office is posting legal articles on their website in an effort to ... link to the full article. , ... Chicago, IL (PRWEB) November 11, ...
... CAPE TOWN, South Africa, November 11 , - ... Part of,Unique Therapy, Staying healthy in these stressful ... Fresh Attitude Health Retreats early in 2009 may provide,participants ... a healthy,lifestyle., A key component of the retreat ...
... at Preventing,Treating, and Living with ,Invisible, Injuries, ... someone in,America sustains a traumatic brain injury. That ... personnel returning from combat duty in Iraq,who may ... To view the Multimedia News Release, go ...
... of hypertension contributes to the deaths of almost 8,000 ... according to a first-of-its-kind study published today in the ... Rochester Medical Center researchers. , The researchers concluded that ... had their hypertension, or high blood pressure, controlled to ...
... Left-handed pitcher Jon Lester, who,came back from an off-season ... Boston Red Sox in the 2007 World Series, will ... to a Major League Baseball player,who best exemplifies the ... on and off the field., The 24-year-old Tacoma, ...
... Therapeutics,(Amex: CXM ) today announced the completion of ... with accompanying warrants to purchase shares of,common stock, replacing ... last quarter. Empire Asset Management Company acted as financial,advisor ... the Barone,Group acted as lead investor. The material terms ...
Cached Medicine News:Health News:Free Article Now Available: 'Rights Expanding for Plaintiffs with In Utero Injuries' 2Health News:New Health Retreat Gives a Fresh Attitude Towards Disease Prevention 2Health News:Video: BrainLine.org Confronts Traumatic Brain Injury Crisis 2Health News:Blood pressure control inequality linked to deaths among blacks 2Health News:Red Sox Pitcher Jon Lester Wins 2008 Hutch Award(R) 2Health News:Cardium Completes $6.0 Million Financing 2Health News:Cardium Completes $6.0 Million Financing 3Health News:Cardium Completes $6.0 Million Financing 4
(Date:7/25/2014)... , July 25, 2014 /PRNewswire-iReach/ -- ScriptPro, of ... of Powers Lake, Wisconsin , ... a distribution and co-marketing agreement allowing ScriptPro to ... throughout the United States . ... management and workflow systems to retail and ambulatory ...
(Date:7/25/2014)... Cardinal Health will today name three of ... its prestigious Independent Pharmacy Best Practices Competition, during the ... nation,s largest gatherings of independent pharmacists. ... Ohio , Tennessee ... selected for implementing exceptionally creative methods that demonstrate how ...
(Date:7/25/2014)... 25, 2014 Research and Markets ... Diagnostic Devices Market 2014-2018" report to their offering. ... About Ophthalmic Diagnostic Device An ophthalmic ... a defect or deficiency in the human visual pathway. ... such as presbyopia, cataracts, glaucoma, retinal disorders, conjunctivitis, and ...
Breaking Medicine Technology:ScriptPro and TCGRx Integrate Pharmacy Automation Technologies 2ScriptPro and TCGRx Integrate Pharmacy Automation Technologies 3Cardinal Health Announces Three Best Practice Winners for Leading Change in Community Pharmacy 2Cardinal Health Announces Three Best Practice Winners for Leading Change in Community Pharmacy 3Cardinal Health Announces Three Best Practice Winners for Leading Change in Community Pharmacy 4Cardinal Health Announces Three Best Practice Winners for Leading Change in Community Pharmacy 5Cardinal Health Announces Three Best Practice Winners for Leading Change in Community Pharmacy 6Global Ophthalmic Diagnostic Devices Market 2014-2018: Key Vendors are Alcon, Carl Zeiss, Haag-Streit and Topcon 2
... artery disease (CAD), also known as coronary heart disease, ... affecting about 17 million Americans(1). Most of these people ... angina pectoris. For over 100 years, physicians have treated ... nitroglycerin(2). Considered the gold standard in treating acute angina, ...
... Nepstar Chain Drugstore Ltd. (NYSE: NPD ) ("Nepstar" ... based on the number of directly operated stores, today announced ... year ended December 31, 2010. Fourth ... Same store sales declined slightly by 1.1% compared to ...
Cached Medicine Technology:Akrimax Pharmaceuticals, LLC, Introduces NitroMist® (Nitroglycerin Lingual Aerosol) 400mcg/Spray 2Akrimax Pharmaceuticals, LLC, Introduces NitroMist® (Nitroglycerin Lingual Aerosol) 400mcg/Spray 3Akrimax Pharmaceuticals, LLC, Introduces NitroMist® (Nitroglycerin Lingual Aerosol) 400mcg/Spray 4China Nepstar Chain Drugstore Reports Fourth Quarter and Fiscal Year 2010 Financial Results 2China Nepstar Chain Drugstore Reports Fourth Quarter and Fiscal Year 2010 Financial Results 3China Nepstar Chain Drugstore Reports Fourth Quarter and Fiscal Year 2010 Financial Results 4China Nepstar Chain Drugstore Reports Fourth Quarter and Fiscal Year 2010 Financial Results 5China Nepstar Chain Drugstore Reports Fourth Quarter and Fiscal Year 2010 Financial Results 6China Nepstar Chain Drugstore Reports Fourth Quarter and Fiscal Year 2010 Financial Results 7China Nepstar Chain Drugstore Reports Fourth Quarter and Fiscal Year 2010 Financial Results 8China Nepstar Chain Drugstore Reports Fourth Quarter and Fiscal Year 2010 Financial Results 9China Nepstar Chain Drugstore Reports Fourth Quarter and Fiscal Year 2010 Financial Results 10China Nepstar Chain Drugstore Reports Fourth Quarter and Fiscal Year 2010 Financial Results 11China Nepstar Chain Drugstore Reports Fourth Quarter and Fiscal Year 2010 Financial Results 12
The CGRL is a Wide Angle Contact Glass designed for laser photocoagulation and diagnosis of the retina....
For use with Slitlamps which have a smaller distance between the eye and the reduction prism than the Haag-Streit 900. Designed to work with argon/YAG Lasers....
... capture and management system that acquires extremely ... Angiography images. It interfaces with most current ... from any ophthalmic device with video, digital ... quality colour Retinal Images from non-mydriatic fundus ...
... device that replaces the old technology, the ... by bringing virtually unlimited charts to the ... are at the practitioners finger tips. The ... charts, optotypes, associated vision tests and fixation ...
Medicine Products: