May 11, 2011 -- China Meheco Corp. has signed a two-year contract to provide 6.1 billion RMB ($939 million) of drugs to Venezuela. The contract is the largest pharmaceutical supply deal that Venezuela has signed, and it also will boost China Meheco’s revenues by about 50% over its two-year life. Meheco reported operating revenue of 6.3 billion RMB ($964 million) in 2010, with profits of 195 million RMB ($30 million). More details....
Stock Symbol: (SHA: 600056)
