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Simcere’s Q1: Revenue Increases 26%; Net Up 68%

publication date: May 6, 2008

Simcere Pharmaceutical Group released its first quarter financial report showing modestly higher revenues and a large increase in net profit. In Q1, Simcere booked revenues of 394 million RMB ($56.3 million), a solid increase of 26% from the year earlier period, and net income of 112 million RMB ($16 million), a much larger jump of 68%. The increases came from the company's three first-to-market products.  More details...

Stock Symbol: (NYSE: SCR)



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