SOURCE: Linkwell Corporation

August 22, 2006 08:30 ET

Linkwell Corporation Announces Financial Results for the First Six Months of 2006

SHANGHAI, CHINA -- (MARKET WIRE) -- August 22, 2006 -- Linkwell Corporation (OTCBB: LWLL), a leading developer, manufacturer and distributor of healthcare related disinfectants in China, today announced its financial results for the first six months ended June 30, 2006.

The Company recorded revenues of approximately $3.331 million for the first six months of 2006, a 57% increase from $2.12 million recorded for the first six months of 2005. Income from operations increased to approximately $551,492 for the first six months of 2006, a 179% increase over $197,638 in operating income reported for the first six months of 2005. Net Income increased to $407,197 or EPS at $0.01 per share for the first months of 2006, an increase of $581,924 from a loss of $172,730 for the first six months of 2005. The shareholders equity increased to $3.417 million, a 271% increase over $920,675 on June 30, 2005. For more details about Linkwell's financial performance, please review the 10-QSB filed with the United States Securities and Exchange Commission.

Linkwell's Chairman and CEO, Xuelian Bian, stated, "We are pleased with our operating performance in the first six months of 2006. Our current goal is to improve our profit margin while we increase our sales by launching more new products. We also strategically look for external growth in addition to our current internal growth for the new stage expansion."

About Linkwell Corporation

Linkwell Corporation develops, manufactures, and distributes disinfectant healthcare products in China through its 90% owned subsidiary Shanghai Likang Disinfectant High Tech Company ("Likang"). Linkwell's disinfectant healthcare products are a nationally recognized domestic Chinese brand in this market segment. Linkwell products include disinfectants in liquid, tablet, powder and aerosol form. Through Likang, Linkwell has a national marketing and sales presence throughout all 22 provinces, 5 autonomous regions, and 4 special municipalities of China. All inventory and order fulfillment is carried out of a 21,500 square foot facility in Shanghai's Jiading district. For more info about the company, please visit

Safe Harbor Statement

Certain of the statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate," "project," "forecast," "anticipate," "plan," or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties and risks, including those relating to the Company's ability to grow its business. More information about the potential factors that could affect the Company's business and financial results is included in the Company's filings, available via the United States Securities and Exchange Commission.

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