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Operating revenue and total profit jumped 34.24% and 42.54% year on year to about CNY 5.72 billion and CNY 555.25 million, respectively, and basic earnings per share (EPS) stood at CNY 0.96, citing its financial report.
The Shenzhen-listed company plans to distribute a pre-tax dividend of CNY 3.00 in cash for every ten shares to all shareholders, or around CNY 160.22 million based on the capital stock of 534,051,138 shares by the 2008-end.
In December 2008, Yunnan Baiyao succeeded in issuing 50 million A shares to Ping An Life Insurance Company of China, Ltd., generating proceedings of CNY 1.394 billion, nearly doubling net assets of the pharmaceutical conglomerate, and expanding its capital stock by 10%.
The move has catapulted Ping An Life Insurance onto the position of the third largest shareholder of Yunnan Baiyao with a stake of 9.36%, earlier reports said.
Source: www.shihua.com.cn (April 24, 2009)
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