Lee's Pharm shares up almost 24% on good H1 results
Release Date: 2009-07-24
Shares in biopharmaceutical company Lee's Pharmaceutical Holdings surged almost 24 percent yesterday, after announcing an estimated improvement in its first-half earnings in 2009."Growth of newly launched products and increase in market share of existing products contributed to the significant growth in profits," Chairman Lee Siu Fong said in the statement filed to the Hong Kong stock exchange on Monday.
Analysts expect Lee's Pharmaceutical to sustain its strong growth momentum in the rest of the year.
| Type: | NORMAL |
| Url: | http://www.chinadaily.com.cn/hkedition/2009-07/23/content_8461186.htm |