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Sihuan Pharmaceutical Announces Share Repurchase Amidst Strong Growth

Story Highlights
  • Sihuan Pharmaceutical repurchased 13,096,000 shares, showing confidence in its future.
  • The company sees strong growth in medical aesthetics and pharmaceuticals, boosting revenue.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sihuan Pharmaceutical Announces Share Repurchase Amidst Strong Growth

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An update from Sihuan Pharmaceutical Holdings Group ( (HK:0460) ) is now available.

Sihuan Pharmaceutical Holdings Group announced a share repurchase plan, buying back 13,096,000 shares at an average price of HK$1.4945, reflecting their confidence in the company’s future. The company is experiencing significant growth in its medical aesthetics and innovative pharmaceuticals sectors, with a notable increase in revenue and the launch of new products, which are expected to drive future revenue and profit growth.

The most recent analyst rating on (HK:0460) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Sihuan Pharmaceutical Holdings Group stock, see the HK:0460 Stock Forecast page.

More about Sihuan Pharmaceutical Holdings Group

Sihuan Pharmaceutical Holdings Group, founded in 2001 and listed on the Main Board of the Stock Exchange in 2010, is an international company focused on medical aesthetics and biopharmaceuticals. The company is driven by innovation, boasting a strong research and development platform, a comprehensive product pipeline, and a robust sales system. Sihuan Pharmaceutical aims to become a leading entity in China through its dual focus on medical aesthetics and biopharmaceutical businesses.

Average Trading Volume: 113,181,107

Technical Sentiment Signal: Buy

Current Market Cap: HK$13.62B

For an in-depth examination of 0460 stock, go to TipRanks’ Overview page.

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