Youbisheng Green Paper AG: Strong business development in Q3 2011

Youbisheng Green Paper AG / Key word(s): Quarter Results

30.11.2011 / 09:20

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Munich, 30 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, outperformed its ambitious
targets in the first nine months 2011 due to strong revenue growth in Q3
2011.

Despite the company's limited capacities, revenues increased by 13.8% to
EUR 68.0 million in the first nine months of 2011. Due to a strong third
quarter, sales growth picked up compared to H1 2011. Quarter on quarter
alone, revenues were up 15.1% compared to Q3 2010. For the first nine
months 2011, EBIT increased by 8% to EUR 16.1 million. This represents an
EBIT margin of 23.6%. 'Through a higher outsourcing volume and a shift to
unique high-value products we were able to reach such a strong result,'
states Haiming Huang, CEO of Youbisheng Green Paper AG.

Youbisheng's double-sided testliner, made of 100% recycled paper, continues
to dominate the growth. The positive sales development of the double-sided
testliner will contribute to the company's profitability in the future. In
the past months, Youbisheng's R&D team has developed a new heavy
single-sided testliner with a higher basic weight of 400 g/m2. It was
successfully introduced into the market in October.

The company is still moving in line with its goal to increase sales in
other provinces of China. In the reporting period, the company has raised
its sales to outside Fujian and Quangdong province, selling the products to
the provinces Anhui, Sichuan, Zhejiang, Hunan and Hubei.

Group equity increased from EUR 26.1 million as of 31 December 2010 to EUR
40.9 million as of 30 September 2011. This increase is due to the profit
generated from operations as well as an increase in new shares and capital
contribution. The equity ratio was approx. 64% at the end of the reporting
period. 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.

On the basis of the strong nine months 2011 results, the management updated
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.

The nine-month report is available for download on the company's website 
www.youbisheng-greenpaper.de.


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.


For further information:

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

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



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.


End of Corporate News

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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 News    DGAP News-Service  
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148069 30.11.2011