China Traditional Chinese Medicine Holdings Co (HK:0570) has released an update.
China Traditional Chinese Medicine Holdings Co. has reported a decline in its interim financial results for the six months ending June 30, 2024, with total revenue dropping by 9.9% and profit for the period plunging by 65.3% compared to the previous year. The earnings per share also saw a significant decrease of 63.5%. This downturn is reflected across various sectors of the company, including Chinese medicinal herbs integration and concentrated TCM granules businesses experiencing notable revenue declines.
For further insights into HK:0570 stock, check out TipRanks’ Stock Analysis page.
