date:Feb 13, 2014
illion in the prior year period.
We are pleased with our strong performance in the third quarter as we achieved better-than-expected results in both sales growth and earnings, said Liang Zhang, chairman and CEO of Synutra. The sequential increase in our branded powdered formula segment sales benefitted from seasonality effects and the early timing of the Chinese New Year, but more fundamentally, was backed by the successful execution of our Goldmining Strategy and effective marketing efforts f