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3SBio Inc. Announces Unaudited Third Quarter 2012 Results
Date:11/11/2012

SHENYANG, China, Nov. 11, 2012 Third Quarter 2012 Financial Highlights:

  • Total net revenues increased by 22.5% over the third quarter of 2012 to RMB180.6 million (US$28.7million), compared to RMB147.4 million (US$23.1 million) in the third quarter of 2011.
  • Operating income decreased by 5.1% to RMB38.1 million (US$6.1 million), compared to operating income of RMB40.1 million (US$6.3 million) in the third quarter of 2011.
  • GAAP net income attributable to 3SBio Inc. decreased by 34.5% to RMB22.1 million (US$3.5 million), compared to net income of RMB33.7 million (US$5.3 million) in the third quarter of 2011. Non-GAAP net income attributable to 3SBio Inc. decreased by 7.6% to RMB31.2 million (US$5.0 million), compared to net income of RMB33.7 million (US$5.3 million) in the third quarter of 2011.
  • GAAP net income attributable to 3SBio Inc. per American Depositary Share ("ADS") on a fully-diluted basis decreased by 35.3% to RMB0.97 (US$0.15) compared to net income per ADS on a fully-diluted basis of RMB1.50 (US$0.23) for the third quarter of 2011. Non-GAAP net income attributable to 3SBio Inc. per American Depositary Share ("ADS") on a fully-diluted basis decreased by 8.7% to RMB1.37 (US$0.22) compared to net income per ADS on a fully-diluted basis of RMB1.50 (US$0.23) for the third quarter of 2011.
  • Cash, cash equivalents and time deposits were RMB852.6 million (US$135.7 million, including restricted cash of RMB0.7 million) at September 30, 2012.
  • First Nine Months 2012 Financial Highlights:

  • Total net revenues increased by 26.0% over the first nine months of 2012 to RMB506.0 million (US$80.5 million), compared to RMB
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  • SOURCE 3SBio Inc.
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