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China Resources Sanjiu Medical's H1 profit up 26.85%

Aug. 1, 2012 (China Knowledge) - China Resources Sanjiu Medical & Pharmaceutical Co Ltd<000999>, a major Chinese pharmaceutical company, announced yesterday that its net profit attributable to shareholders rose 26.85% YoY to RMB 515.62 million.

Basic earnings per share were RMB 0.53, RMB 0.11 or 26.19% more than it realized in the first half of 2011.

In a statement filed with Shenzhen Stock Exchange, the company said that growth was due to increasing revenue from its pharmaceutical business, especially its OTC business.

During the six months period, the Chinese pharmaceutical company's operation revenue exceeded RMB 3.3 billion, reflecting a YoY increase of 23.91%.

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