China Shenghuo Pharmaceutical Holdings, Inc. Reports Flat Revenues

April 8, 2008 -- China Shenghuo Pharmaceutical Holdings, Inc. (AMEX: KUN) released its 2007 financial statement last week, reporting that its net earnings were $4 million on sales of $20 million. The revenue figure was virtually identical with the 2006 number, though earnings were up from $3.5 million. However, the report was lower than expected because earlier this year, as it announced its first-half results, China Shenghuo said it expected revenues to hit $25 million for full-year 2007. More details...

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