China Traditional Chinese Medicine Forecasts Swings to 2025 Losses

MT Newswires Live

01/28

China Traditional Chinese Medicine (HKG:0570) said it expects to swing to a loss in 2025, according to a Hong Kong bourse filing Tuesday.

Shares of the medicine firm fell nearly 4% in late morning trade Wednesday.

The firm expects a loss of 350 million yuan to 500 million yuan for 2024, compared with a profit of 20.8 million yuan in 2024.

The company's financial results are expected by the end of March.

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