Pharmaceuticals

China Yongxin Pharmaceuticals Inc. Announces Second Quarter 2009 Financial Results

Published in Health Business Week, October 30th, 2009

China Yongxin Pharmaceuticals, Inc. (OTC Bulletin Board: CYXN; "China Yongxin Pharmaceuticals" or "the Company"), a leading manufacturer, distributor and retailer of pharmaceuticals in Northeastern China, announced its unaudited financial results for the second quarter of 2009 which ended June 30, 2009.

Revenues for the second quarter of 2009 were essentially flat at approximately $14.6 million compared to the second quarter of 2008, with a marginal increase due to an increase in revenue from its retail drug stores offset by a decrease in volume from its pharmaceutical wholesale business. Revenues from retail drug stores were $6.0 million, compared to $5.8 million for...

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Source: Health Business Week (2009-10-30)

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