Stock Track | CHINARES PHARMA Soars 6.24% in Morning Session on Strong Annual Results with 20.73% Profit Jump

Stock Track

03/26

CHINARES PHARMA's stock soared 6.24% during morning trading, driven by the release of its robust annual financial results.

The company reported group revenue of RMB 269.574 billion, a year-on-year increase of 4.62%, with profit attributable to shareholders reaching RMB 4.045 billion, up 20.73% compared to the previous year. Earnings per share were RMB 0.64, and a final dividend of RMB 0.122 per share was declared, representing an increase of approximately 135% year-on-year.

At the business level, the pharmaceutical segment recorded revenue growth of 10.2% year-on-year, while the pharmaceutical distribution business grew 3.2% and pharmaceutical retail operations surged 20.8%, driven by strong performance in the Direct-to-Patient (DTP) business.

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