Shenghuo Pharmaceutical profits gain 29.3%

China Shenghuo Pharmaceutical Holdings said strong sales pushed its profits up 29.3% year-on-year to US$1.3 million in the second quarter, the Shanghai Securities News reported. Operating revenues surged 52% year-on-year to US$6.4 million, the Xinjiang province-based pharmaceutical company said. It launched a new range of Chinese herbal skincare products earlier this month.