China Resources Pharmaceutical's 2024 Profit Slides; Shares Fall 4%

MT Newswires Live
03-26

China Resources Pharmaceutical's (HKG:3320) attributable profit fell to 3.35 billion yuan in 2024 from 3.85 billion yuan in 2023, according to a Wednesday filing with the Hong Kong bourse.

Earnings per share at the drug company decreased to 0.53 yuan from 0.61 yuan in the previous year.

Revenue grew to 257.7 billion yuan from 244.7 billion yuan a year earlier.

The company declared a final dividend of 0.052 yuan per share, payable July 14 to shareholders on record as of June 2.

Shares fell 4% during Wednesday's afternoon trading.

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