Sihuan Pharmaceutical Forecasts Maximum Loss of 600 Million Yuan for 2024

MT Newswires Live
03 Feb

Sihuan Pharmaceutical (HKG:0460) expects to record a maximum loss of 600 million yuan and a minimum revenue of 1.80 billion yuan for 2024, a Monday bourse filing said.

The company attributed its financial results for the reporting year to a decline in its generic drug business, high research and development costs for its innovative drugs, and certain one-off expenses.

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