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Sihuan Pharmaceutical Announces 2012 Interim Results
Date:8/30/2012

HONG KONG, Aug. 30, 2012 /PRNewswire-Asia/ -- Sihuan Pharmaceutical Holdings Group Ltd. (HKEx: 0460) ("Sihuan Pharmaceutical" or the "Company"), a leading pharmaceutical company with the largest cardio-cerebral vascular drug franchise in China's prescription drug market, today announced its interim results for the six months ended 30 June 2012.

Financial HighlightsFor the Six Months Ended 30 JuneKey Income Statement ItemsRMB '000Change %20122011Revenue

1,389,297

990,568

40.3%Gross Profit

1,071,419

774,730

38.3%Operating Profit

533,425

446,326

19.5%Profit Attributable to Equity Owners
of the Company

461,445

380,685

21.2%Dividend per Share (RMB Cents)

3.1

1.9

N/ASpecial Dividend per Share (RMB Cents)

Nil

7.8

N/ADuring the period under review, the Company continued to strengthen its cardio-cerebral vascular ("CCV") drug business while promoting sales of its products in other therapeutic areas. The Company continued to achieve sustainable growth, with revenue increasing by 40.3% to RMB1,389.3 million and gross profit rising 38.3% year-on-year to RMB1,071 million. Net profit attributable to the Company's equity owners increased by 21.2% to RMB461.4 million. The Board of Directors has also recommended an interim dividend of RMB3.1 cents per share (2011: RMB1.9 cents) for the six months ended 30 June 2012.

Dr. Che Fengsheng, Chairman and CEO of the Company, said, "Despite a challenging operating environment in the first half of the year, we maintained our growth momentum and this was largely driven by our diversified and optimized product portfolio and strengthened sales and marketing strategies. We made significant progress in deepening penetration in current markets as well as expanding into new markets, enhancing our sales and marketing network, and strengthening our R&D and produc
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SOURCE Sihuan Pharmaceutical Holdings Group Ltd.
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