Selasa, 31 Maret 2020 06:02:00

SSY Group Limited announces 2019 annual results

HONG KONG, - 30 March 2020 - SSY Group Limited ("SSY" or the "Company"; Stock Code: 2005.HK) and its subsidiaries (together, the "Group") presents the annual results of the Company for the year ended 31 December 2019 ("2019" or the "year").
 
During the year, the Group achieved a revenue of HK$4,636 million (or approximately RMB4,079 million), representing an increase of 10.9% (or 15.3% in RMB). The net profit was HK$1,136 million, representing an increase of 24.6% compared with last year.

We focused on the reinforcement of penetration rate in major provincial markets, so as to maintain and consolidate our competitive advantage. We continued to be the company with the fastest growth of production and sales volume in the intravenous infusion solutions industry.
 
The Board of directors proposed to pay a final dividend of HK$0.06 per share for year 2019, together with interim dividend HK$0.05 per share, total dividend HK$0.11 per share for full year of 2019. The total amount to be distributed for the year is HK$334 million, representing an increase of 23% compared with last year.

In 2019, the sales volume of the intravenous infusion solutions reached approximately 1,545 million bottles/bags, representing an increase of approximately 5.6% compared to the last year, of which the proportion of therapeutic infusion solutions increased to 22.3%, representing an increase of 2.6 percentage points compared to last year.

Of those, the market access work of Moxifloxacin Hydrochloride and Sodium Chloride Injection has been completed in 22 provinces and has resulted in sales in 21 provinces, achieving a sales of approximately HK$165 million. With the progress of market access and development work in hospitals, it will continue to maintain the momentum in fast development. Ampoule products had a fast growth.

During the year, the sales of ampoule products amounted to HK$392 million, representing a growth of 208% compared to last year. Arbidol capsule, as a broad-spectrum antiviral drug, has played a very good role in this fight against the epidemic, and has been widely recognised by medical institutions.
 
Our technological innovation capabilities have been further enhanced. In 2019, preparation works for reaccreditations of National Centre for Enterprise Technology, Model Enterprises for National Technology Innovation, National and Local Joint Laboratory and Workstation for Postdoctoral Scientific Research have been completed.

The Company submitted the review of NP-01, a Type 1 new drug, to the China Center for Drug Evaluation of National Medical Products Administration, which marked the first ever submission of innovative drugs by the Company, demonstrating that the Company had advanced from "generic drug R&D" to "combination of generic and innovative drugs" new stage. During the year, the Company has obtained 13 approvals for production of generic drugs and 2 approvals for consistency evaluation.

Among which, Tirofiban Hydrochloride and Sodium Chloride Injection, a cardiovascular drug was viewed as a great potential in promoting for clinical use and thus a key product for the Company's performance development. Fluconazole tablet 150mg specification, being the first one passing consistency evaluation in China, will bring better market potential into effect in its future national product tendering. (*).

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