Stock Track | TJ DaRenTang USD Soars 3.12% Intraday on Strong Q1 Earnings and New Strategic Plan

Stock Track
Apr 30

TJ DaRenTang USD's stock price surged 3.12% during intraday trading on Thursday, following the release of its first-quarter financial results and new corporate initiatives.

The company reported a 14% year-on-year increase in net profit to RMB423.1 million for Q1 2026, driven by stronger sales in its core traditional Chinese medicine portfolio, which saw revenue grow 7%. The improved profitability was supported by a widening gross margin and lower operating expenses.

Concurrently, the board approved a new 2026 action plan focused on quality improvement, efficiency enhancement, and shareholder returns, while also terminating a previous equity custody agreement. These developments signal a reinforced strategic focus and operational streamlining, likely boosting investor confidence.

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