Zhongzhi Pharmaceutical Holdings Limited (HK:3737) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Zhongzhi Pharmaceutical Holdings Limited reported a slight revenue decrease of 0.5% and a significant drop in profit of 38.2% for the first half of 2024 compared to the same period last year. The company’s gross profit margin also declined by 4.1 percentage points, and as a result, the board has decided against distributing an interim dividend, contrasting the previous year’s distribution.
For further insights into HK:3737 stock, check out TipRanks’ Stock Analysis page.