In the first half of the year, the sales income of the pharmaceutical industry was 809.4 billion
Chinese network Reuters drying the pharmaceutical industry in the first half of 2012 sales of 809.4 billion yuan, an increase of 19.1%; total profit of 81.07 billion yuan, an increase of 17.7%; sales profit rate of 10%.
According to Yu Mingde, president of the China Association of Pharmaceutical Enterprise Management, “Despite the double-digit growth in sales and profits of the pharmaceutical industry in the first half of the year, compared with 2011 and 2010, the pharmaceutical industry’s sales revenue increased by 28.75% and 28.84% over the same period last year. The total profit increased by 23.24% and 38.99% compared with the same period of last year, and the growth rate has obviously slowed down.
Not only that, due to the economic downturn in overseas markets, the increase in the export delivery value of the pharmaceutical industry has also declined significantly. In the first half of 2012, the increase was only 5.1%, far below the level of 16.97% in 2011 and 20.57% in 2010.
In terms of subdivision, TCM decoction pieces, sanitary materials, and proprietary Chinese medicines have become the top three sub-sectors for profit growth, reaching 28.8%, 27.8%, and 22.4%, respectively, while chemical raw materials fell by 2.7% year-on-year.
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