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Simcere Posts Higher Revenues, Earnings for Q2

publication date: Aug 7, 2007
Stock Trades Lower -- Simcere Pharmaceutical Group (SCR) said its revenues and profits were sharply higher in the second quarter, when compared to results a year ago. The company saw its sales rise 51% to 355 million RMB ($46.6 million), while net earnings advanced 67% to 49.7 million RMB ($10.9 million). Simcere manufactures and markets first-to-market generics in the Chinese market (see story). More details...


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