Youbisheng Green Paper AG: Continued growth from high-value products

Youbisheng Green Paper AG  / Key word(s): Preliminary Results/Change in
Forecast

21.11.2011 08:31

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Munich, 21 November 2011. Youbisheng Green Paper AG, the German holding
company of a Chinese manufacturer of environmentally friendly linerboard
for the growing Chinese consumer goods industry, today published its
preliminary financial figures for the first nine months of 2011.

Due to a strong third quarter, the overall sales volume grew by 13.8% to
EUR 68.0 million in the first nine months of 2011, despite the company's
limited capacities. This effect is due to a higher outsourcing volume and a
shift to unique high-value and high-margin products, developed by
Youbisheng in the past years. Thus, the operating profit (EBIT) increased
by 8% to EUR 16.1 million (9M 2010: EUR 14.9 million) in the reporting
period. This represents an EBIT margin of 23.6%. Due to the higher tax rate
of 25%, instead of 12.5% for the respective period last year, the net
profit declined by approx. 7.5% to EUR 12.1 million (9M 2010: EUR 13.1
million). But at the same time the earnings before taxes improved from
EUR 15.0 million to EUR 16.1 million.

The net cash generated from operations was up from EUR 8.3 million in the
first nine months of 2010 to EUR 13.5 million in the respective period
2011. As of September 30, 2011 the liquid funds of the company amounted to
EUR 24.0 million. The equity ratio was approx. 64%.

Youbisheng's double-sided testliner, made of 100% recycled paper, continues
to dominate the growth. The double-sided testliner is similar to the
comparable imported kraftliner, which is made of virgin pulp and sold at
significantly higher prices. The very positive sales development of the
double-sided testliner will also contribute to the company's profitability
in the future.

Outlook revised upwards

On the basis of the strong nine months 2011 results, the management updates
its guidance for full year 2011 and now expects revenues of more than EUR
94 million and an EBIT margin above the 23.5%. Previously the targeted
revenue amounted to approx. EUR 78 million.


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Information and Explaination of the Issuer to this News:

The nine-month report will be available on the website
www.youbisheng-greenpaper.de for download as of 30 November 2011.


About Youbisheng Green Paper AG

Youbisheng Green Paper AG is the German holding company of a Chinese
clean-tech leader of environmentally friendly produced linerboard from up
to 100% recovered fibres. The high-quality linerboard innovations of
Youbisheng take up a special position in the Chinese market and are
produced in the own production plant near Quanzhou City. They are used in
the packaging industry in the Fujian and Guangdong Province (together about
141 million inhabitants), especially for visually attractive sales
packaging and carrier bags of high-quality consumer goods.
Youbisheng has been operating as a paper producer since 2000. In fiscal
year 2010 and with its production plants operating at full capacity, it
manufactured almost 150,000 metric tons of linerboard, making it one of the
biggest linerboard producers in Fujian and Guangdong Provinces. In fiscal
year 2010, Youbisheng and its approximately 300 employees generated sales
of about EUR 75.3 million with an EBIT margin of about 23.4% and a net
income of about EUR 15.5 million.



Disclaimer concerning prognoses

This communication contains forward-looking statements Forward-looking
statements are statements that are not historical facts instead they
reflect the current views and expectations of Youbisheng Green Paper AG and
the assumptions underlying them about future events. Forward-looking
statements are subject to many risks and uncertainties. If any of such
risks and uncertainties materialize or if the assumptions underlying any of
the forward-looking statements of Youbisheng Green Paper AG are proving to
be incorrect, the actual results of Youbisheng Green Paper AG may be
materially different from those expressed or implied by such
forward-looking statements Youbisheng Green Paper AG does not intend or
assume any obligation to update these forward-looking statements. Any
forward-looking statement speaks only as of the date on which it is made.



Für weitere Informationen wenden Sie sich bitte an:

Kirchhoff Consult AG
Jens Hecht
Tel.: +49 (0)40 60 91 86 0
jens.hecht@kirchhoff.de

Youbisheng Green Paper AG
Gustav-Heinemann-Ring 44
81739 München
contact@youbisheng-greenpaper.de





21.11.2011 DGAP's Distribution Services include Regulatory Announcements,
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Language:     English
Company:      Youbisheng Green Paper AG
              Gustav-Heinemann-Ring 44
              81739 München
              Germany
Phone:        089 - 451 63992
Fax:          089 - 451 63993
E-mail:       contact@youbisheng-greenpaper.de
Internet:     www.youbisheng-greenpaper.de
ISIN:         DE000A1KRLR0
WKN:          A1KRLR
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf
 
End of Announcement                             DGAP News-Service
 
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