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Modern Chinese Medicine Group Co. Ltd. ( (HK:1643) ) has provided an announcement.
Modern Chinese Medicine Group Co., Ltd. announced its annual financial results for the year ended December 31, 2024. The company reported a significant decline in revenue from RMB 344,075,000 in 2023 to RMB 214,068,000 in 2024, resulting in a reduced profit of RMB 9,670,000 compared to RMB 48,795,000 in the previous year. Despite the decrease in profit, the company managed to achieve a total comprehensive income of RMB 11,336,000, showing resilience in a challenging market environment.
More about Modern Chinese Medicine Group Co. Ltd.
Modern Chinese Medicine Group Co., Ltd. is a company incorporated in the Cayman Islands, focusing on the Chinese medicine industry. The company, along with its subsidiaries, is involved in the production and distribution of traditional Chinese medicine products.
YTD Price Performance: 15.79%
Average Trading Volume: 1,877,033
Technical Sentiment Signal: Sell
Current Market Cap: HK$258M
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