Sinopharm Reports Decreased Profits and Revenue
Company Announcements

Sinopharm Reports Decreased Profits and Revenue

Sinopharm Group Co (HK:1099) has released an update.

Sinopharm Group Co. Ltd. has reported a decrease in revenue and net profit for Sinopharm Accord, its subsidiary, in the first half of 2024 compared to the same period last year, with revenue down by 1.57% and net profit by over 10%. Additionally, there was a significant 37.47% drop in net cash flow from operating activities. Despite these declines, total assets saw an increase of 8.06%.

For further insights into HK:1099 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks HongKong Auto-Generated NewsdeskSinopharm Reveals Board Structure and Committees
TipRanks HongKong Auto-Generated NewsdeskSinopharm Announces Board Committee Leadership Changes
TipRanks HongKong Auto-Generated NewsdeskSinopharm Unveils Current Board Structure and Roles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App