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CSPC Pharmaceutical Group ( (HK:1093) ) has issued an announcement.
CSPC Pharmaceutical Group reported a significant decline in its quarterly financial results for the three months ended March 31, 2025. The company’s total revenue decreased by 21.9% compared to the previous year, primarily due to a 27.3% drop in finished drug sales, impacted by industry policies such as centralized procurement and drug price adjustments. Despite this, the bulk products segment saw a 14.6% revenue increase, driven by higher demand and prices for vitamin C products. The company has been actively promoting product internationalization and out-licensing initiatives, which have contributed to a rise in license fee income, partially offsetting the decline in drug sales and providing potential future growth.
The most recent analyst rating on (HK:1093) stock is a Buy with a HK$6.21 price target. To see the full list of analyst forecasts on CSPC Pharmaceutical Group stock, see the HK:1093 Stock Forecast page.
More about CSPC Pharmaceutical Group
CSPC Pharmaceutical Group Limited is a Hong Kong-based company operating in the pharmaceutical industry. It focuses on the production and sale of finished drugs, bulk products, and functional foods, with a market emphasis on therapeutic areas such as the nervous system, oncology, and anti-infectives.
Average Trading Volume: 154,577,597
Technical Sentiment Signal: Buy
Current Market Cap: HK$79.34B
See more data about 1093 stock on TipRanks’ Stock Analysis page.