date:Jun 14, 2013
Mr. Liang Zhang, Chairman and CEO of Synutra, commented, We were highly encouraged with our ongoing efforts to stabilize our core branded powdered formula business and return to profitability in the fiscal fourth quarter. We believe the short-term negative impact of our price increase implemented in April 2012 has diminished as we continue to nurture and invest in our brands to garner broader trust at the retail level.
In the fourth quarter of fiscal 2013, we were pleased to have substantially