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Sanjing Pharmaceutical's profit down 27.7% in Jan-Sep

Oct. 19, 2012 (China Knowledge) - Harbin Pharm Group Sanjing Pharmaceutical Co Ltd<600829>, which is based in Harbin, the capital of Heilongjiang Province, has said its net profit for the first nine months of this year plunge 27.71% YoY to RMB 230 million.

The company said the loss in profit was mainly affected by the country's pharmaceutical industry environment and the medicine industry policy.

According to a statement, basic earnings per share for the nine-month period were RMB 0.4.

From January to September 2012, the Shanghai listed company saw its operation revenue grow 11.51% YoY to RMB 3.01 billion, including RMB 908 million from Q3, up 1.11% from a year earlier.

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