Synutra Int'l (SYUT) Reports Q1 EPS of $0.13
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Synutra Reports First Quarter Fiscal 2016 Financial Results
August 10, 2015 4:01 PM EDTQINGDAO, China and ROCKVILLE, Md., Aug. 10, 2015 /PRNewswire/ -- Synutra International, Inc. (Nasdaq: SYUT), ("Synutra" or the "Company"), which owns subsidiaries in China that produce, distribute and sell nutritional products for infants, children and adults, today announced financial results for the first quarter of fiscal 2016 ended June 30, 2015.
Mr. Liang Zhang, Chairman and CEO of Synutra, commented, "Our sales in the first quarter of fiscal 2016 decreased 4% over the prior year period as we continued to face pricing pressure for our infant milk formula products as more sales of infant formula move... More
