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Sihuan Pharmaceutical Announces 2013 Interim Results
Date:8/26/2013

HONG KONG, Aug. 26, 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 interim results for the six months ended 30 June 2013 ("1H2013" or "review period").

Financial HighlightsFor the Six Months Ended 30 JuneKey Income Statement ItemsRMB MillionChange %20132012Revenue2,324.71,389.3

+67.3%Gross Profit1,847.11,071.4

+72.4%Profit Attributable to Owners
of the Company617.5461.4

+33.8%Dividend per Share (RMB Cents)4.33.1

N/AWith its successful internal adjustment in 2012 that strengthened its operational efficiency as a whole, coupled with the rebounds of its key products Kelinao and Oudimei and rapid growth of its fast-growing promising products such as Yuanzhijiu, Yeduojia and Danshen Chuangxiongqin, Sihuan Pharmarceutical recorded a revenue of RMB2,324.7 million, a significant increase of 67.3% year-on-year. The sales contribution from products launched after the Company's listing in 2010 continued to expand, reaching approximately 60% of total revenue. Gross profit surged by 72.4% to RMB1,847.1 million during the review period, while profit attributable to owners of the Company grew by 33.8% to RMB617.5million. The Board of Directors recommended an interim dividend of RMB 4.3 cents per share (2012: RMB3.1cents)

Dr. Che Fengsheng, Chairman and CEO of the Company, said, "In the first half of 2013, Sihuan Pharmaceutical further consolidated its well-established lead in the CCV drugs market and became the third largest pharmaceutical company in the Chinese prescription drug market. Momentum in growth in the Company's business picked up, which was the culmination of the ability of our extensive product portfolio to bring us a balanced contribu
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SOURCE Sihuan Pharmaceutical Holdings Group Ltd.
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