Tianjin Pharmaceutical Da Ren Tang's Attributable Profit Up 8% in Q3

MT Newswires

2024/10/31

Tianjin Pharmaceutical Da Ren Tang's (SGX:T14) profit net of tax attributable to owners of the parent was up 8% year over year to 146.1 million yuan in the third quarter of the year from 135.7 million yuan, according to a filing with the Singapore Exchange on Wednesday.

Earnings per share came in at 0.19 yuan compared with 0.17 yuan in the year-ago period.

Revenue was down 3% year over year to 1.65 billion yuan from 1.70 billion yuan, mainly due to a decrease in commercial sales.

Shares of the pharmaceutical company were down nearly 2% in recent trading.

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