Shandong Xinhua Pharmaceutical's Attributable Profit Falls 12% in January-September

MT Newswires Live

2024/10/30

Shandong Xinhua Pharmaceutical (HKG:0719, SHE:000756) reported a net profit attributable to the shareholders of 344.1 million yuan for the first nine months of the year, a decrease of 12.2% compared with 392.0 million yuan a year ago.

Earnings per share were 0.50 yuan, down from 0.57 yuan in the year-ago period, according to a Tuesday filing with the Hong Kong Stock Exchange.

The company's gross revenue stood at 6.73 billion yuan, a 3.6% increase compared with 6.50 billion yuan a year earlier.

The company's Hong Kong-listed shares were down 3% in the recent trading, while its Chinese shares were down 2%.

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