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Simcere Pharmaceutical Group Reports Unaudited Fourth Quarter and Full Year 2011 Results
Date:3/7/2012

tyle="BORDER-BOTTOM: black 2pt double">3.25

0.52Diluted

1.06

0.77

0.12

 

3.10

3.23

0.51 

 

 

 

 

 

 

 Weighted average number of common shares: Basic

106,815,562

109,941,646

109,941,646

 

108,321,562

109,738,705

109,738,705Diluted

110,266,193

110,477,166

110,477,166

 

111,357,796

110,525,257

110,525,257 

 

 

 

 

 

 

 * The Company reached a settlement agreement with certain former shareholders of Jiangsu Quanyi Biological Technology Stock Co., Ltd. ("Jiangsu Quanyi", previously known as Jiangsu Yanshen Biological Technology Stock Co., Ltd) in the second quarter of 2011, in respect of the Company's 2009 acquisition of a 37.5% equity interest in Jiangsu Quanyi. Pursuant to the settlement agreement, the Company received RMB20 million (US$3.1 million) in June 2011, RMB15 million (US$2.4 million) in August 2011 and RMB15 million (US$2.4 million) in December 2011, totaling RMB50 million (US$7.9 million). The amounts were recognized as "other operating income" on the dates received.

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SOURCE Simcere Pharmaceutical Group
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