StockMarketWire.com - Hutchison China MediTech's operating profits rose by 28% to $2.9m in the six months to the end of June - and says the outlook is positive.
Sales were up 14% at $83.4m and the net oss after interest, tax, and minority interests fell by 9% to $1.4m.
The firm had cash and cash equivalents $45.7m - up from $40.4m a year ago.
CEO Christian Hogg said: "We have delivered another set of good results, with continued satisfactoryperformance across each of our three divisions and with a positive outlook going forward.
"We are confident that each of our businesses will continue to grow considerably over the rest of this year and beyond, Chi-Med's outlook remains strong."
At 8:39am: (LON:HCM) share price was +5p at 450p
Story provided by StockMarketWire.com
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