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Global Pharm Holdings Group, Inc. Announces Second Quarter 2011 Financial Results

2 per fully diluted share, in the second quarter of 2010, based on 26.0 million and 19.1 million weighted average diluted shares outstanding, respectively. This increase primarily reflects a shift in sales mix toward higher margin prescription products and herbal products in the first quarter of 2011.

Six Months 2011 Financial Summaries (unaudited)Six months ended June 30

Change(in millions $, except per-share data in $)


2010Net revenue



47.6%Gross profit



43.1%Income from operation



49.9%Income before income taxes



49.2%Net income



61.8%Total comprehensive income



69.5%Basic and diluted earnings per share



16.7%Total net evenue was $87.5 million for the six months ended June 30, 2011, an increase of 47.6%, compared with the same period in 2010. The revenue increase primarily reflects strong sales of the pharmaceutical products distribution segment, which contributed $72.2 million or 82.5% of the Company's total sales in the first half of 2011, compared to $47.4 million or 79.9% of the total revenue in the corresponding period last year.

Below is a breakdown of sales per business segment for the six months ended June 30, 2011 and 2010, respectively:For the six months ended June 30 - Net revenuein USD except percentage





% of net



% of net



%Pharmaceutical products







52.4TCM processing and







15.2Herbal cultivation and




SOURCE Global Pharm Holdings Group, Inc.
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