Tianjin Pharmaceutical Da Ren Tang Reports Higher Attributable Profit in 2024

MT Newswires

03-31

Tianjin Pharmaceutical Da Ren Tang's (SGX:T14, SHA:600329) attributable profit to owners surged to 2.23 billion yuan in 2024 from 986.7 million yuan a year earlier, according to a Friday filing with the Singapore Exchange.

Earnings per share rose to 2.90 yuan from 1.28 yuan in the comparable period.

Revenue declined 11% year over year to 7.31 billion yuan from 8.22 billion yuan, mainly due to a decrease in commercial sales.

The company declared a dividend of 1.28 yuan per share for the year ended Dec. 31, 2024.

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