Synutra Int'l (SYUT) Reports Q2 EPS of $0.01
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Synutra Reports Second Quarter Fiscal 2016 Financial Results
November 9, 2015 4:07 PM ESTQINGDAO, China and ROCKVILLE, Md., Nov. 9, 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 second quarter of fiscal 2016 ended September 30, 2015.
Mr. Liang Zhang, Chairman and CEO of Synutra, commented, "Our sales in the second quarter of fiscal 2016 decreased 15% from the prior year period as we as we faced intensified competitive pressure from steep discounting by our peers in the infant milk... More
