Modern Chinese Medicine Forecasts Turnaround to H1 Profit; Shares Slip 6%

MT Newswires Live

2025/08/18

Modern Chinese Medicine Group (HKG:1643) expects an attributable profit of at least 2 million yuan in the first half of 2025, compared with a loss of 6.9 million yuan a year prior, an Aug. 15 Hong Kong bourse filing said.

Shares of the Chinese medicine manufacturer were down 6% in Monday afternoon trading.

The firm attributed the forecast to a significant drop in disposal loss on property, plant, and equipment.

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