StockGuru Trade Alert: New Profile Stock Renhuang Pharmaceuticals (RHGP) Up as Much as 21% on First Day of Coverage
On the First Day of StockGuru Profile Coverage, RHGP was Up as Much as $0.40 with a High of $2.25. This is a Gain of More than 21%!
Renhuang Pharmaceuticals (RHGP) Proves It Watches the Bottom Line!
Renhuang Pharmaceuticals, Inc. RHGP became a U.S. public company in September of 2006. Their earnings picture reflects a company that has an eye on the bottom line.
The fiscal year-to-date results covering the nine months from October 1, 2006 to July 31, 2007, indicate net earnings of $8.46 million on solid sales of about $21 million, more than doubling the net earnings of $3.08 million for the Company’s operating subsidiary for the same period of the previous year.
The CEO, Mr. Li Shaoming commented, “The next quarter is turning to what has historically been a stronger season for our industry. We have fully prepared our team to effectively handle incoming orders and have streamlined our manufacturing capacities to maximize output and reduce back log. In the meantime, we will continue to work on stabilizing our accounts receivables and improve our internal controls. Going forward, I am very confident that we can continue to deliver solid results and hopefully increase value for our shareholders.” This report was filed on September 26, 2007.
Renhuang Pharmaceuticals is an integrated developer, manufacturer and distributor of a broad line of high-quality
- nutraceutical
- biopharmaceutical
- natural medicinal products
The Company provides three major product lines including the:
- Acanthopanax-based natural medicinal products
- biopharmaceutical products
- Traditional Chinese Medicines
currently representing roughly 50%, 20%, and 30% of total revenues, respectively.
Renhuang’s key product line is an Acanthopanax-based product series, a natural medicine effective in treating depression and melancholy, and provides numerous other health benefits. By controlling an estimated 70% of China’s natural resource of Acanthopanax (also known as Siberian Ginseng), the Company possesses a unique competitive edge and, therefore, occupies a dominant market position in Acanthopanax-based medicinal and nutraceutical products.
Source:
Renhuang Pharmaceuticals, Inc.
No. 281, Taiping Road, Taiping District
Harbin, Heilongjiang Province, 150050
P. R. China
About Renhuang Pharmaceuticals, Inc.: Renhuang Pharmaceuticals, located in Harbin of Heilongjiang Province in Northeast China, is a leading integrated developer, manufacturer and distributor of a broad line of high-quality nutraceutical, natural medicinal and bio-pharmaceutical products. The Company provides three major product lines including the Acanthopanax-based natural medicinal products, Shark Power Health Care series and Traditional Chinese Medicines. Renhuang’s key product line is Acanthopanax-based products, an effective natural medicine in treating depression and melancholy and offering various other health benefits. By controlling an estimated 70% of China’s natural resource of Acanthopanax (also known as Siberian Ginseng), the Company has a dominant market position in Acanthopanax-based natural medicines. The Company distributes its products through a multi-layer sales network of over 2000 sales agents. Its products are not only sold nationwide but also exported to Russia and Southeast Asia. Renhuang has established a multi-channel research and development infrastructure composed of in-house researchers, a post-doctoral working center, and collaboration with well known institutions and scientists. The Company has achieved a significant progress in research & development of standard extraction, separation of effective components, and medication with specificity. Several of these products have already been submitted for approval by the State Food and Drug Administration (”SFDA”). These products are expected to have a substantial upside growth potential due to their insufficient supply in China. In manufacturing, the Company strictly follows the international GMP certified quality standards and system by utilizing cutting-edge technologies, the state of the art equipment, and the proprietary innovative and award winning processes. RHGP-G
Safe Harbor Statement: This press release contains certain statements that may include ‘forward-looking statements’ as defined in the Securities Act of 1933, and the Securities Exchange Act of 1934. All statements, other than statements of historical facts, included herein are ‘forward-looking statements.’ Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with and available from the Securities and Exchange Commission. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
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