China Resources 39 Medium-term net profit 389 million yuan Year-on-year growth 20%

Source: Internet
Author: User
NetEase Financial August 2 News resources Sanjiu Monday Evening released 2010.5 Annual report. In the first half of 2010, CR 39 realized its operating income of 1.968 billion yuan, down 9.91% from the same period last year, mainly because the company sold 39 chains and Hanyuan 39 shares, and the two companies were no longer included in the merger scope. Excluding this effect, the company's operating income growth of 21% year-on-year. Among them, the pharmaceutical business revenue increased 20.49% compared with the same period last year, the proportion of operating income increased to 85%, the main focus of further improvement. The net profit attributable to the owner of the parent company was 389 million yuan, up 19.94% from the same period last year.  The net amount of cash flow generated by operating activities is 420 million yuan. China Resources Sanjiu said revenues and net profit growth slowed in the first half of 2010, mainly due to a slowdown in the two-quarter growth of the OTC business.  During the reporting period, the company's cost control is facing great pressure, some raw materials and accessories prices rose faster, the overall price of Chinese herbal medicines rose more than 20%, sugar price rose more than 30%, the cost of the OTC, Chinese Medicine Formula granule business margin level has declined.  Profit Distribution: China Resources Sanjiu said that the company does not carry out profit distribution, and does not carry out Provident fund to increase equity. Related topics: Semi-annual report of 2010 listed Companies

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