TAIPEI, Taiwan--(BUSINESS WIRE)--Active pharmaceutical ingredient (API) specialist ScinoPharm reported record revenue and profits for the first nine months of 2007, ended 30 September 2007.
Highlights:
Total revenue for Jan-Sept 2007 surged to $46.7 million. To-date revenue has already exceeded entire 2006 record revenue of $44.9 million.
Jan-Sept 2007 revenue of $46.7 million, an increase of 48 percent from $31.5 million in Jan-Sept 2006.
Net income (before taxes) grew to record $7.7 million, an increase of over 600% from $1.1 million in Jan-Sept 2006.
To-date 2007 net income is already 3 times total 2006 net income.
September 2007 sales reached $9.7 million, highest in the company’s 10-year history.
