Sunwin Intl. Neutraceuticals, Inc.  (SUWN)

                         

 

Sunwin International Neutraceuticals, Inc. (SUWN) is engaged in the areas of essential traditional Chinese medicine, 100% organic herbal medicine, neutraceutical products, natural sweetener (Stevia), and veterinary medicines and feeds prepared from 100% organic herbal ingredients.  As an industry leader in agricultural processing, Sunwin has built an integrated global firm with the sourcing and production capabilities to meet the needs of consumers throughout the world. Sunwin also makes such value-added products as specialty veterinary food ingredients and specialty feed ingredients.  The Sunwin family works closely with consumer to provide a quality and a hybrid mix of agricultural products and services that meet growing demand.

In 2002, Sunwin was recognized as one of the first 2,000 state-level companies that China authorized as the most important innovative high-tech pioneer businesses by the Chinese central government.  In 2002, Sunwin was awarded as one of 2002 state-level biological product manufacturers in China.  In 2003, Sunwin ranked as one of the top 50 companies of China Animal Related Health Care Product Pharmaceutical Industry. In 2003, Sunwin received award of Shandong Top-Ten Innovative, High-Tech Businesses by the Province Government of Shandong.

In the fiscal year ended April 30, 2005, SUWN posted the following record sales revenue and profit results; Revenues of $12.114 million, an 11.3% increase over fiscal year 2004 revenues of $10.887 million; Operating income of $1.624 million, an increase of 66.7% over operating income for the fiscal year 2004 of $0.974 million. Net income surged to $829 thousand in the current fiscal year 2005, an increase of 78.2% compared to net income of $425 thousand in the fiscal year 2004.  The Company ended the recent fiscal year with $1.674 million in cash and cash equivalents, the strongest cash position in its history; shareholder equity increased to $5.778 million, its highest level ever.

SUWN products are sold in 28 provinces, cities, and autonomous zones in China via more than 500 distribution centers.  It also has export relationships with companies in Japan, South Korea, Singapore, Malaysia, USA, Canada, and Russia.  SUWN has partnered with companies in Taiwan to promote its in-house developed sweetening products for the European and US markets.  There are currently over 10 products on sale from this line manufactured by the Company and its operating subsidiary has nearly 300 employees.

 
 
 
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