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Sihuan Pharmaceutical Announces 2012 Annual Results
Date:3/25/2013

HONG KONG, March 25, 2013 /PRNewswire/ -- Sihuan Pharmaceutical Holdings Group Ltd. (HKEx: 0460) ("Sihuan Pharmaceutical" or the "Company"), a leading pharmaceutical company with the largest cardio-cerebral vascular ("CCV") drug franchise in China's prescription drug market, today announced its annual results for the year ended 31 December 2012. Financial HighlightsFor the Year Ended 31 DecemberKey Income Statement ItemsRMB '000Change %20122011Revenue3,042,5312,242,06335.7%Gross Profit2,289,4151,714,46433.5%Profit Attributable to Owners of the Company904,402824,0489.8%Proposed Final Dividend per Share (RMB Cents)5.82.5In 2012, leveraging its leading position in the CCV prescription drug market, Sihuan Pharmaceutical achieved satisfactory results amidst regulatory pressure affecting the pharmaceutical industry. Revenue surged by 35.7% to RMB3,042.5 million, while gross profit rose 33.5% to RMB2,289.4 million. Profit attributable to owners of the Company grew by 9.8% to RMB904.4 million. The Board of Directors recommended a final dividend of RMB5.8 cents per share (2011: RMB2.5 cents) for the year ended 31 December 2012. Together with interim dividend of RMB3.1 cents per share, total dividend for the year ended 31 December 2012 will be RMB8.9 cents per share. The dividend ratio will be approximately 50.9%.

Dr. Che Fengsheng, Chairman and CEO of the Company, said, "The year 2012 was a challenging year for the Company, yet it was also a turning point in our business development. We have completed integration of our distribution network that significantly enhanced our operational efficiency. We have completely ended its reliance on individual products and built a more balanced revenue stream, as the sales contribution from its 9 major products now exceeds half of its total sales revenue. In addition, we have accomplished an important milestone forging a collaborations with international players. Our
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SOURCE Sihuan Pharmaceutical Holdings Group Ltd.
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