TOT BIOPHARM Sees 49% Revenue Surge in 2024
Company Announcements

TOT BIOPHARM Sees 49% Revenue Surge in 2024

TOT BIOPHARM International Co. Ltd. (HK:1875) has released an update.

TOT BIOPHARM International Co. Ltd. reported a substantial 49% increase in revenue for the first nine months of 2024, reaching RMB809,021 thousand, driven by robust sales of its self-developed products and CDMO/CMO services. The company also turned profitable, posting a net profit of RMB35,403 thousand compared to a loss in the same period last year. Investors should note that the results are unaudited and may fluctuate in future periods.

For further insights into HK:1875 stock, check out TipRanks’ Stock Analysis page.

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