Shanghai Fosun Pharmaceutical Q3 Profit Jumps 55%

MT Newswires Live

2024/10/30

Shanghai Fosun Pharmaceutical (SHA:600196) posted third-quarter net profit attributable to shareholders of 785.8 million yuan, up 55% from the previous year.

The pharmaceutical company's Q3 earnings per share climbed 53% year over year to 0.29 yuan, according to a Tuesday filing with the Shanghai bourse.

Revenue rose 12% on year to 10.5 billion yuan.

Shares of Shanghai Fosun Pharmaceutical rose 2% in recent trade.

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