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Sinocom Releases Q1 Report before its IPO

publication date: May 25, 2011
Sinocom Pharma announced a 21% increase in revenues during its first quarter 2011, reaching $30.2 million. Net income increased 13% to $6.1 million. The results, which are solidly positive, have an added significance because Sinocom recently announced it would make an IPO on the Nasdaq Global Market, and the current report may constitute investors’ last read on the company’s condition before the transaction. More details....

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