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Tianda Pharma Announces 2022/23 Interim Results

HONG KONG, Nov 25, 2022 - (ACN Newswire via SEAPRWire.com) - Tianda Pharmaceuticals Limited ("Tianda Pharma" or "the Group"; stock code: 0455.HK) today announced its interim results for the six months ended 30 September 2022 ("the Period"). During the Period, the Group adopted proactive marketing strategy and improved its results notably. Its revenue increased by 5.6% to approximately HK$250 million. Gross profit rose by 10.2% to approximately HK$120 million and profit before taxation, depreciation and amortization turned around from loss of HK$6.9 million in the same period last year to profit of HK$2.3 million for the period. Recorded strong sales of core products and continued to optimize Chinese medicine business layoutThe Group has worked hard cultivating the cardiovascular, cerebrovascular and pediatric disease realms and owns unique generic product pipelines. Boasting notable efficacy and competitive price, Tuoping Valsartan capsules, the Group's core product for treating cardio-cerebrovascular disease, has been ranked the No. 1 best-selling product in its category in Mainland China since the success in securing first place in the nation's Centralized Drug Procurement. During the Period, sales of the product reached HK$92.3 million, representing a year-on-year growth of approximately 21%. Tuoen Ibuprofen oral suspension, a pediatric drug, was among the top three in terms of market share in the country due to effective marketing, achieving strong sales of HK$64.0 million for the Period, up approximately 70% year-on-year. The Group has basically built for itself a complete traditional Chinese medicine ("TCM") industrial chain, from trading of Chinese medicinal materials, TCM decoction pieces and formula granules to innovative Chinese medicine R&D and international trade. During the Period, it continued to increase operating product varieties, expand sales channels and strengthen procurement sources, including exporting TCM decoction pieces to Australia and planning for importing to China special variety of Chinese medicinal materials from overseas. Insisted on the inheritance and innovation of TCM, it brought in innovative Chinese medicine transformation projects and embarked on cooperation in developing innovative Chinese medicines. During the Period, overall revenue of TDMalls increased by 81%. The first clinic to adopt the equity investment cooperation model, TDMall (Tsim Sha Tsui) has famous medical experts as shareholders who also participate in the management. Starting to make profit eight months after opening, TDMall (Tsim Sha Tsui) provides valuable experience and serving as a model for expanding the business across the nation and worldwide. The Group is pushing forward with opening a TDMall in Shenzhen, another important step in expanding its presence in the Guangdong-Hong Kong-Macao Bay Area. The Group also continued to invest in "intelligent" development of Chinese medicines. The Chinese medicine cloud technology-based platform "TDMall on Cloud" of the Group played an important role in the Group's "Free Consultation and Medicine" charity campaign during the fifth wave of COVID-19 outbreaks in Hong Kong, offering comprehensive remote Chinese medicine services to the public.Strengthened R&D across the board and capability to bring in business, actively expanded revenue sourcesThe Group has insisted on combining generic drug endeavors with innovation and, via its own R&D efforts and cooperation with external R&D institutions, continued to enrich its product pipelines. During the Period, the Group increased R&D investment, spending HK$12.0 million, up 260% year-on-year, set to allow it to come up with more new products that can become new and strong growth drivers for its medium and long-term development. The Group is currently pursuing 22 R&D projects, including class I innovative Chinese medicines, class III new Chinese medicines, class III chemical drug plus APIs, class IV chemical drugs and healthcare product series. During the Period, the Group actively introduced innovative Chinese medicine transformation projects in which the industry, academia, research and medical sectors come together to develop innovative Chinese medicines for treating chronic heart failure. Such initiatives have given the Group a rich and diversified product development portfolio that covers high-end generic drugs, classic Chinese medicines, modern Chinese medicines and healthcare products. The Group also actively introduced approved proprietary Chinese medicine products. Following the acquisition of the proprietary Chinese medicine product Xiaoer Qingre Zhike Granule last year, it acquired Jianerle Granule, a proprietary Chinese medicine for children during the Period, continuing to expand its pediatric product categories. In addition, the Group launched contract development and manufacturing organization ("CDMO") and contract manufacturing organization ("CMO") businesses to expand its revenue sources and promote business development. As at the end of September 2022, it had seven contracts signed for R&D technology service mainly for liquid pharmaceutical preparations and completed production for two projects during the Period. The two business modes are expected to become growth drivers that can continuously generate revenue for the Group.Stepped up efforts in three business segments, consolidated business foundation and achieved leapfrog developmentTo seize the opportunities in the continuously expanding pharmaceutical and healthcare market, the Group will keep growing its three business segments, namely Chinese medicines, medical and healthcare services and pharmaceuticals and medical technologies, in the future. It will also speed up bringing in products and product R&D, strengthen business expansion efforts, and investment and M&As, so as to achieve leapfrog development. For the Chinese medicine business, leveraging the country's policies to vigorously help the Chinese medicine industry develop, the Group will grasp the policy dividend of TCM and continue to develop the whole industry chain, increasing the trading of Chinese medicinal materials focusing on varieties, while accelerating the development of TCM decoction pieces and formula granules, which have huge market potential. It will also actively invest in the R&D and introduction of innovative Chinese medicines, classic ancient prescriptions of Chinese medicines, finished dosages and proprietary Chinese medicines. For its medical and healthcare services business, the Group will strengthen operation of the TDMalls and speeding up expansion via building its own clinics, franchising and mergers and acquisitions, and as well using different equity investment and cooperation modes. While prioritizing the development in the Guangdong-Hong Kong-Macao Bay Area, the Group will push for nationwide and global reach. At the same time, the Group will continue to improve and perfect its "TDMall on Cloud" app to "enhance user experience", for better online and offline integration, providing patients with convenient and intelligent high-quality Chinese medicine services. On the pharmaceuticals and medical technologies business front, the Group will strive to build up its core product brands such as Tuoping and Tuoen, focusing on developing cardio-cerebrovascular and pediatric products and consolidating relevant advantages. It will also expand its sales network to cover lower-tier markets so as to booster market share and actively expand CDMO and CMO business to boost revenue. In the future, it will apply 3D tactics (BD - business development, ID - investment and development, and R&D - research and development) in developing products with market potential, especially major product types, to provide impetus for long-term sustainable development.About Tianda Pharmaceuticals LimitedTianda Pharmaceuticals Limited ("Tianda Pharmaceuticals", listed on the Hong Kong Stock Exchange, stock code: 0455.HK) implements the following development strategies: development of Traditional Chinese medicine ("TCM") as its foundation, development of innovative drugs and medical technologies, as well as development of high-quality medical and healthcare services, striving to become a leading pharmaceutical enterprise that sets its footholds in China while seeking to expand its presence worldwide. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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JBM Healthcare Announces FY2023 Interim Results

HONG KONG, Nov 25, 2022 - (ACN Newswire via SEAPRWire.com) - JBM (Healthcare) Limited ("JBM Healthcare" or the "Group"; Stock Code: 2161), a leading branded healthcare products marketer and distributor in Hong Kong, has announced today the interim results of the Group for the six months ended 30 September 2022 (the "Reporting Period").KEY HIGHLIGHTS-- Period-on-period revenue up by 25%, totaled HK$236.8 million -- Profit attributable to equity shareholders increased by 116%, amounting to HK$21.6 million-- The Board declares an interim dividend of HK0.5 cent per share-- Proprietary Chinese medicines business witnessed robust growth of 53.1% -- Cross-border e-commerce business gained traction alongside expanded product offerings and growing customer traffic -- Foreseeable growth of traditional Chinese medicine (TCM) business bolstered by favourable policies for gaining access to Greater Bay Area markets. Despite the lingering effects of the COVID-19 pandemic and the volatile economic sentiment in Hong Kong, the Group continued to perform in a resilient manner posting total revenue of HK$236.8 million in the Reporting Period, delivering a notable increase of 25% period-on-period. Profit attributable to equity shareholders also increased by 116% period-on-period to HK$21.6 million. Such growth was primarily due to the easing of local social distancing policies, which buttressed retail spending sentiment and led to a gradual recovery of the Group's overall sales, alongside a financial subsidy from the HKSAR Government through the Employment Support Scheme.The Board declares the payment of an interim dividend for the six months ended 30 September 2022 of HK0.5 cent per share.Resilient Performance Sustained by Robust Branded PortfolioDuring the Reporting Period, the Group has made sound progress in developing its cross-border e-commerce platform, expanding the access of its products to a growing consumer base in Mainland China. Furthermore, the Group continued to implement its growth strategies to keep pace with consumer demand and market opportunities, further leveraging its unique strength to reinforce the Group's competitive position as a farsighted branded healthcare player in Asia. The promising performance was underpinned by the Group's brand management and strong commercial execution capabilities, as well as established sales network.For the branded medicines business, sales revenue saw a decline of 10.3% period-on-period to HK$56.9 million, mainly due to the adverse impact of the pandemic on retail consumption in Hong Kong and Macau Nonetheless, the category-leading AIM Atropine Eye Drops brand continued to achieve promising growth realising 11.3% sales growth.Regarding the proprietary Chinese medicines business, sales revenue delivered robust growth of 53.1%, amounting to HK$163 million, which was driven by strong momentum from its Concentrated Chinese Medicine Granules ("CCMG") business as a result of rising recognition and acceptance towards the adjunct therapeutic benefits of Chinese medicine amongst the general public. Our category leading brand, Po Chai Pills, also posted a remarkable growth of over 60% during the Reporting Period. As for health and wellness products, sales revenue registered a decline of 13.3% to HK$16.9 million during the Reporting Period, which was mainly due to lower sales of certain products in the Hong Kong retail sector, though offset by growth from Oncotype DX and the Pantogar shampoo and tonic series. Oncotype DX posted a robust growth of 19.7% with a sustained momentum during the Reporting Period. With respect to Pantogar, an effective treatment for hair loss as substantiated by clinical studies, it also gained notable success via e-commerce platforms and professional hair salon channels. Pantogar sales was boosted by the launch of a new shampoo and tonic series that feature specialised formulations for women and men.Accelerating E-commerce DevelopmentThe development of the Group's PRC cross-border e-commerce business continued to gather momentum as a result of its sustained efforts to drive expansion across product offerings, platform footholds, and customer traffic. The two self-operated flagship stores on Tmall Global Marketplace and JD Worldwide achieved significant progress in expanding market share and customer base during the Reporting Period, bolstered by the effective operation and customer service support of its dedicated cross-border e-commerce team. The Group's flagship store has earned a top 8 ranking at Tmall, while Ho Chai Kung Tji Thung San has claimed a top 5 ranking in the pain-killer category of the platform during the Reporting Period.The Group has continued to strengthen its partnership and operation with major PRC cross-border e-commerce platform customers, which witnessed a notable increase of pre-event purchase orders from B2B partners for the "6.18" and "Double 11" promotions during the Reporting Period. Apart from OTC products, the Group has been also actively enhancing its portfolio with products for tapping new potential categories to target a wider range of consumer groups. The Group's skincare and beauty products are currently sold through VIP Shop, a popular cross-border e-commerce platform for branded lifestyle products, and will be available via a growing array of cross-border e-commerce platforms.Capturing Growth Potential of Chinese MedicinesThe Group's proprietary Chinese medicine business also benefits from the government bureaus' collaborative support in facilitating the entry of Hong Kong's traditional proprietary Chinese medicines into the Greater Bay Area. Leveraging the streamlined measures for the Group's proprietary Chinese medicines portfolio to register with the Guangdong Provincial Medical Products Administration, it has successfully secured approval for registering its medicated oil brands Shiling Oil and Konsodona Medicated Oil in the Greater Bay Area.Mr. Patrick Wong, Chief Executive Officer of JBM Healthcare, said, "In the wake of adverse market sentiments, pragmatism and persistence have never been more important as we navigate through the challenges that the pandemic has introduced to the business landscape. The pandemic has heightened health awareness and accelerated consumers' shift towards a more proactive approach in managing their health and wellness, which will further shore up self-care demand. The Group, as a key proprietary Chinese medicine and CCMG market player in Hong Kong, is also well poised to tap the burgeoning market in the Greater Bay Area, supported in part by favorable policies that encourage the development of TCM in the region and which will create more prospective business opportunities.Looking ahead, we remain optimistic about the outlook for the healthcare industry. Adhering to our mission of enabling better health through self-care, we will continue to focus on developing our growth strategies based on the objectives of greater resilience and operational efficiency, and capitalise on market opportunities by helping consumers better manage their health through quality and well-trusted branded healthcare products."About JBM (Healthcare) Limited (Stock Code: 2161)JBM Healthcare is a Hong Kong-based company that markets and distributes branded healthcare products across Greater China, Southeast Asia and certain other countries. The Group is a unique field player with marketing expertise and a drug heritage that prioritises product efficacy and quality to meet consumers' healthcare needs. As a renowned healthcare brand operator in Hong Kong, the Group carries a wide-ranging portfolio of branded healthcare products comprising branded medicines, proprietary Chinese medicines and health and wellness products, which include well-recognised household brands such as Po Chai Pills, Ho Chai Kung Tji Thung San, Contractubex, BITE-X, Mederma Kids, Tong Tai Chung Woodlok Oil, Flying Eagle Woodlok Oil, Saplingtan, Shiling Oil and Konsodona Medicated Oil. JBM Healthcare has been a constituent stock of the MSCI Hong Kong Micro Cap Index since 27 May 2021. For more details about JBM Healthcare, please visit: www.jbmhealthcare.com.hk Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Kingworld Medicines Sees 2021 Profit Soar 159% to RMB30.3 Million

HONG KONG, Mar 30, 2022 - (ACN Newswire via SEAPRWire.com) - Kingworld Medicines Group Limited (stock code: 01110.HK), a leading omni-channel enterprise providing world-famous greater health products, announced today its audited consolidated results for the year ended 31 December 2021. Although the Group faced many uncertainties in 2021, it managed to achieve a significant recovery and growth. Revenue increased by 13.7% to approximately RMB847.4 million. Profit attributable to owners of the Company increased by 159% to approximately RMB30.3 million. Basic earnings per share increased by 162% to approximately RMB5 cents. The Board recommends the payment of a final dividend of HK2.39 cents per share for the year ended 31 December 2021 (2020: HK0.65 cents).Pharmaceutical product distribution has been one of the Group's key businesses for many years. In 2021, the sales revenue of Nin Jiom Pei Pa Koa, Nim Jiom Pei Pa Candies and Kingworld Imada Red Flower Oil achieved a year-on-year increase of 85%, 14% and 29%, respectively.In respect of pharmaceutical product distribution business, the Group continued to optimize its channel network layout and made structural adjustments. Based on Market Sales Traceability Management System (SMART) statistics, the Group implemented the "one-product, one-city and one-strategy" policy. Correspondingly, the Group firmly cultivated existing geographical markets and entered counties that have high potential. As at the end of 2021, the Group has entered partnerships with more than 2,900 chain store operators, covering 88,886 chain pharmacies, representing a year-on-year increase of 10%. The partnerships also covered 92,826 individual pharmacies and 29,090 primary medical institutions, representing a year-on-year increase of 13% and 31% respectively.The Group also distributes well-known healthcare products sourced from all over the world, including the Culturelle probiotic product series, which is a leading brand in the probiotics product market in the United States, and the Carmex lipstick series. In 2021, Culturelle continued to be the leading product among similar products in the market, and the Group further introduced new Culturelle products such as Culturelle probiotic products for women into the Hong Kong market. Currently, algae oil is gradually replacing fish oil as the new favourite in the market. The Group consequently approached Life's DHA, a pioneer of algae oil, and obtained the right to operate its flagship store. This product is expected to become another pillar healthcare product of the Group.The Group has also strengthened both offline and online business ties, which, in the former include Watsons, Mannings, CRcare and CS, while in the later the Group has consolidated its presence in key platforms such as Tmall, JD.com, Kaola and Nicomama. In 2021, the Group has built B2C e-commerce retail stores and formed 13 stores in six platforms. Home of Kingworld Health, the Group's overseas flagship store, is one of the first group of pharmaceutical flagship stores to recieive authorization from Tmall International, which is one of the first national cross-border pharmaceutical e-commerce pilot platforms. The first batch of cross-border pharmaceutical products [to enter the Chinese market] included dozens of well-known Hong Kong medicines, such as Nim Jiom, Wong To Yick, KAWAI, Weisen-U, Eu Yan Sang and more. Currently, there are 36 brands and 89 SKUs available on Home of Kingworld Health.The Group's medical devices segment, Dong Di Xin, performed well in 2021. Dong Di Xin has continued to facilitate the semi-automation of production lines. Businesses involved in various types of medical device products under Dong Di Xin have gradually developed in a balanced manner, and among all these products, the two profitable anchor products, handheld therapeutic devices and professional therapeutic devices, have demonstrated a much stronger sales growth . In the domestic market, the medical device products of Dong Di Xin covered more than 20 key cities across the country, and successfully entered over 80 Class A hospitals and numerous outpatient and rehabilitation physiotherapy institutions in China. In overseas markets, Dong Di Xin achieved balanced development in several key markets including America, Europe and Asia Pacific region. During the review year, it also achieved a strategic partnership with a renowned international sport rehabilitation device producer.In regard to the Group's investment project, construction of the foundation for Longde Health Industrial Park has been completed, and the on-ground construction is progressing as scheduled. According to the plan, the Park will have a total project land area of 10,000 square meters and a total planned construction area of 58,336 square meters. The Park will consist of four core sectors, including the research and development center of the Group, Shenzhen Health Industry Technology Innovation Center, the domestic development center for the Shenzhen-Hong Kong Loop Chinese Medicine Technology Innovation Park, and the national logistics and distribution center of the Group. Several biopharmaceutical producers and research units have expressed interest in possibly establishing a presence in Longde Health Industrial Park in the future.In 2021, the Group began negotiations for the acquisition of Innopharma S.A. of France ("Innopharma"). Trademarks recognized by the Group and Innopharma were registered in three European countries. The Group plans to complete the acquisition in 2022, with internal funding. It is expected that the acquisition of Innopharma will help the Group to understand and analyse the European market more quickly, enable the Group to promptly introduce quality health food and daily care products to Europe, and facilitate the exploration of more investment opportunities. Moreover, the acquisition will help the Group to start OEM label production and commence an export business in the future. Reciprocally, Innopharma may be able to take up the role of registration agent and manage the sales consultation business for the Group's proprietary traditional Chinese medicine and healthcare products in Europe.It is worth noting that the Group established a Hong Kong joint venture called Fat Chi Medicine Company Limited in March 2021. The company will officially operate the Foci series of products in the Hong Kong and Macau markets.To encourage key employees to grow with the enterprise, the Group granted a total of 1,556,000 shares under the share award scheme to 73 selected participants from the functional departments, sales department and marketing department on 21 January 2022. Mr. Zhao Li Sheng, Chairman of the Board and Executive Director of Kingworld Medicines Group Limited, said, "It is only through the collective effort of our employees that Kingworld Medicines has been able to continuously grow for more than 20 years. Their efforts have also enabled the Group to maintain a leading position in the omni-channel supply chain market of greater health products, spanning pharmaceutical products to healthcare products and medical devices. In the future, the Group will continue to focus on the medical and healthcare industry, introduce healthcare products from high-quality domestic and foreign brands, and increase its penetration of existing markets. At the same time, the Group will leverage Longde Health Industrial Park to build a scientific research platform, cooperate with domestic and foreign strategic partners, and gradually nurture the Group's product research and development capabilities. In addition, the Group will seek investments or merger and acquisition opportunities for projects or products and brands, so as to generate synergies and expand in overseas markets."Under multiple expansion strategies across product lines, business segments and geographical coverage, Kingworld Medicines Group has a promising outlook for the future, and expects to create valueable returns for shareholders." Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Kingworld Medicines Group Issues Positive Profit Alert for 2021

HONG KONG, Mar 23, 2022 - (ACN Newswire via SEAPRWire.com) - Kingworld Medicines Group Limited (stock code: 01110.HK), a leading omni-channel enterprise providing greater health products and services in China, issued today a positive profit alert as it expects to record an approximately 155% to 160% increase in profit attributable to owners of the Company for 2021, as compared to RMB11.7 million for 2020.The positive profit alert was based on preliminary assessment of the unaudited consolidated management accounts of the Group for 2021 and information currently available to the Board. The Board attributes the increase in profit mainly to the market recovering from the COVID-19 pandemic outbreak pushing up the turnover and gross profit of imported branded pharmaceutical and healthcare products distributed in China in 2021 by approximately 45% to 50% and approximately 65% to 70%, respectively, against the previous year. The management of the Company also adopted effective measures against the COVID-19 pandemic outbreak to reduce costs and improve efficiency, thus enhancing the Company's overall competitiveness.Shenzhen Dong Di Xin Technology Company Limited, Kingworld Medicines' non-wholly owned subsidiary, is a manufacturer producing various medical devices including infrared thermometers. Affected by a drop in sales of anti-Pandemic devices, the company is expected to record an approximately 34% to 39% decrease in profit for 2021 as compared with the previous year.About Kingworld Medicines Group Limited Kingworld Medicines (stock code: 01110.HK) has devoted more than 20 years to developing a comprehensive greater health industrial supply chain system. Its business covers over 34 provinces and municipalities in China, and it is among the Top 100 Import Enterprises of Pharmaceutical and Healthcare Products and Top 5 Sales of Imported Chinese Patent Medicine in the country. In-keeping with the new normal of consumption upgrade, it has constructed a complete online and offline new retail ecosystem. Its subsidiary Shenzhen Kingworld Medicines is a reputed distributor of branded pharmaceutical and healthcare products imported from overseas, including Nin Jiom Loquat Herbal Cough Syrup, Taiko Seirogan, Kingworld Imada Red Flower Oil, and Culturelle probiotics from the United States, etc., in the China market.For further information, please visit http://www.kingworld.com.cn . Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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JSP Pharmaceutical Manufacturing (SET: JP) debuts shares on MAI

Aims to be leader in R&D, production and distribution of medicines and nutritional supplements BANGKOK, Nov 2, 2021 – (ACN Newswire) – JSP Pharmaceutical Manufacturing (Thailand) PCL (SET: JP), a developer, manufacturer and distributor of modern and traditional medicines, herbal products and nutritional supplements, is debuting on the MAI today. JSP is ready to pursue growth through developing new products under own brands, aiming for higher profit margins by boosting own brand sales to 50% of total sales of all products, while increasing capacity, improving capital management efficiency, expanding OEM production, and ultimately leading in the R&D, production and distribution of medicines and nutritional supplements. Dr. Sittichai Daengprasert, Chief Executive Officer of JSP Pharmaceutical Manufacturing (Thailand) PCL, whose shares will begin trading on the SET Market of Alternative Investment (MAI) today in the Consumer Products sector under the symbol JP, says it is a crucial step for the company to pursue sustainable growth in order to become a leader in the R&D, manufacture and distribution of medicinal and nutritional supplement products in Thailand. It plans to drive growth with innovations in the development of modern and traditional medicines, and herbal and nutritional supplement products to satisfy consumers’ demand for high-quality products for health maintenance, protection and treatment. The plan will lend support to Thailand’s effort to become a society of health care in the near future. Dr. Sittichai says the proceeds from the IPO share sales will go toward the development of new health products under the company’s own brands with a goal to produce 4-5 new products each year. Meanwhile, a multi-channel marketing strategy will be employed for product distribution, encompassing pharmacies, modern trade stores, convenience stores, TV home shopping, and online channels. The aim is to boost sales of own-brand products to 50% of total sales, which will contribute positively to the gross profit in the future. Plans to improve the efficiency of the Bangkok plant, a hub of modern medicine production, and expand the capacity of the plant in Lamphun, which produces traditional medicines and nutritional supplements, will support the expansion of the OEM customer base in Thailand and in the CLMV countries with a one-stop service. Equipped with a list of more than 2,000 registered medicines, JP is in an advantageous position to meet OEM customers’ demands, Dr. Sittichai says. He adds that the company has also been cooperating with educational institutes, government agencies and private-sector parties in the development and processing of herbs, such as Wolffia globosa, as a plant-based protein supplement under the ‘Suphap Osot’ brand to add value to agricultural products. In this program, cultivation know-how is transferred to farmers as a way to help them earn increased income. Furthermore, JP is preparing its manufacturing base to produce extracts from cannabis and hemp. These extracts are to be sold as processed products or used as ingredients in health products under the company’s own brands. Mr. Vorachart Tuaychareon, Managing Director of Finnex Advisory Co., Ltd., a financial advisor, says JP’s potential for growth looks bright amid positive factors resulting from increasing demands for modern and herbal medicines from health-conscious consumers while the government sector encourages people to consume locally-made medicinal products. The company’s extensive experience and expertise in the R&D of diverse medicinal products and its experienced executives’ ceaseless pursuit of business opportunities are sure to improve its competitiveness and growth prospects. Mr. Chosit Detwanitchayanumut, Managing Director of Siam Alpha Capital Co., Ltd., a joint financial advisor, says JP is determined to strengthen its operations in all respects by highlighting product innovations and investing in marketing campaigns to increase public awareness of its own brands as well as expand its OEM customer base both here and abroad. The company’s strong fundamentals lend firm support for its drive toward a sustainable growth, he adds. Mr. Chanachai Joonjiraporn, Chief Executive Officer, ASL Securities Co., Ltd., the lead underwriter, says JP’s shares are growth stock because of the strength of its operations. Its commitment to pursue long-term and sustainable growth lays a firm foundation on which its shares are grounded and is the reason that will attract sustained investors’ interest in JP’s shares. Released by Public Relations Dept., MT Multimedia Co. Ltd.for JSP Pharmaceutical Manufacturing (Thailand) PCLFor more information, please contact: Yuttachai Praikhanahok (Tle)Tel: +66-91-736-2866 or +66-2-612-2081 ext 125Email: yuttachai.p@mtmultimedia.com

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