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Tianda Pharmaceuticals Reports Significant Revenue Decline and Losses for 2024

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Tianda Pharmaceuticals Reports Significant Revenue Decline and Losses for 2024

Elevate Your Investing Strategy:

An update from Tianda Pharmaceuticals Ltd. ( (HK:0455) ) is now available.

Tianda Pharmaceuticals Ltd. announced its consolidated financial results for the year ended December 31, 2024, reporting a significant decline in revenue from HK$532,089,000 in 2023 to HK$329,937,000 in 2024. The company experienced a total comprehensive loss of HK$80,686,000, reflecting challenges in sales and increased losses, which may impact its market positioning and stakeholder confidence.

More about Tianda Pharmaceuticals Ltd.

Tianda Pharmaceuticals Ltd. is a company incorporated in the Cayman Islands, operating in the pharmaceutical industry. The company focuses on the development and distribution of pharmaceutical products and services.

YTD Price Performance: 8.24%

Average Trading Volume: 70,130

Technical Sentiment Signal: Buy

Current Market Cap: HK$395.6M

Learn more about 0455 stock on TipRanks’ Stock Analysis page.

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