[China] Shandong Pharmaceutical Glass - Net Profit Up; Good Developing Trend

Shandong Pharmaceutical Glass Co has announced its 2009 annual report, realising operating revenue of CNY 1.242BN for the period, an increase of 7.24%, compared to the same period 2008. Total profit was CNY 173M, up 8.74%, with net profit of CNY 144M belonging to the stockholders, an increase of 6.81%. Shandong is the largest pharmaceutical glass company in China. In its 2009 annual report, exports decrease slightly, while domestic demand was stable, despite the adverse global economic situation.