Tong Ren Tang's 2024 Profit Declines 12%

MT Newswires Live
04-01

Tong Ren Tang Technologies' (HKG:1666) attributable profit fell 12% to 521.8 million yuan in 2024 from 590.2 million yuan in 2023, according to a Friday filing with the Hong Kong bourse.

Earnings per share at the traditional Chinese medicine company decreased to 0.41 yuan from 0.46 yuan in the previous year.

Revenue grew 7.2% to 7.26 billion yuan from 6.77 billion yuan a year earlier.

The company declared a final dividend of 0.18 yuan per share, similar to last year's dividend. The dividend will be paid on Aug. 11.

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