Sihuan Pharmaceutical (HKG:0460) said it expects to post at least 50 million yuan in profit for the first six months of the year, according to a Hong Kong bourse filing Friday.

Shares of the pharmaceutical company rose over 1% in recent trade.

Meanwhile, revenue for the period is expected to be at least 1.10 billion yuan, Sihuan said.

The company expects to report its results by the end of this month.