3SBio Bucks The Trend: Reports Impressive Earnings, Stock Jumps
Aggregated Source: China Stocks News and Analysis from Seeking Alpha
November 15, 2007|
For a change, a China-based biopharma has released a Q3 financial report that made investors happy, sending them out to buy the stock and push its price higher. 3SBio (NSDQ: SSRX) reported revenues that climbed 57% (year over year) to 56.1 million RMB ($7.5 million) and profits that jumped a large 151% to 24.1 million RMB ($3.2 million).
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