China Shenghuo Reports Flat Revenues

China Shenghuo Pharmaceutical Holdings, Inc. released its 2007 financial statement last week, reporting that its net earnings were $4 million on sales of $20 million. The revenue figure was virtually identical with the 2006 number, though earnings were up from $3.5 million. However, the report was lower than expected because earlier this year, as it announced its first-half results, China Shenghuo said it expected revenues to hit $25 million for full-year 2007. More details...

Stock Symbol: (AMEX: KUN)