Jointown Pharmaceutical Group H1 Earnings Up 7.49% - ResearchInChina

Date:2011-08-16     Source:liaoyandongyuyu  Text Size:

August 16 – Jointown Pharmaceutical Group (600998) posted a 7.49-percent year-on-year increase in interim net profits to 126 million yuan, reports, citing a company filing.

Sales revenues during that period rose 17.01 percent year-on-year to 12.03 billion yuan.

The firm sped up mergers and acquisitions during that period as it formed a subsidiary in Hubei and acquired an 81.49-percent stake in Hubei Xianglian Pharmaceutical Limited, the source noted.


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