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Simcere Pharmaceutical Group Reports Preliminary Unaudited First Quarter 2013 Results
Date:5/9/2013

T-SIZE: 8pt">ir@simcere.comIn Nanjing: In the United States:Jie Liu D'Elia 

Cindy ZhengVice President

Brunswick GroupSimcere Pharmaceutical Group 

Tel: 1-212-333-3810Tel: 86-25-8556-6666*8857 In Beijing:Yue YuBrunswick Group Tel: 86-10-5960-8600 SIMCERE PHARMACEUTICAL GROUPPRELIMINARY UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF INCOME (AMOUNTS EXPRESSED IN THOUSANDS, EXCEPT SHARE AND ADS DATA)

Three months ended March 31,

201220132013RMBRMBUSDProduct revenue

487,609

528,729

85,131Total revenue487,609528,72985,131Cost of materials and production

(87,838)

(110,047)

(17,719)Gross profit399,771418,68267,412Operating expenses and other operating income:Research and development

(48,286)

(44,930)

(7,234)Sales, marketing and distribution

(258,792)

(259,557)

(41,791)General and administrative

(65,082)

(64,012)

(10,307)Other operating income

15,650

-

-Income from operations

43,261

50,183

8,080Interest income

861

868

140Interest expense

(20,193)

(13,101)

(2,109)Foreign currency exchange gains (losses)

(57)

(26)

(4)Other  income

4,081

1,190

191Losses of equity method affiliated

company

(2,543)

(11,853)

(1,909)Earnings  before income taxes  25,41027,2614,389Income tax expense

(2,637)

(6,506)

(1,047)Net Income22,77320,7553,342Less: Net loss attributable to the
non-controlling interest

5,851

9,18
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SOURCE Simcere Pharmaceutical Group
Copyright©2012 PR Newswire.
All rights reserved

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1. Simcere Pharmaceutical Group Filed 2012 Annual Report on Form 20-F
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10. Simcere Pharmaceutical Group Reports Preliminary Unaudited Third Quarter 2012 Results
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