Shanghai Pharmaceuticals' 2024 Profit Jumps 21%, Revenue Up 6%

MT Newswires Live
31 Mar

Shanghai Pharmaceuticals' (SHA:601607, HKG:2607) attributable profit jumped 21% to 4.55 billion yuan in 2024 from 3.77 billion yuan in 2023, according to a Thursday filing with the Hong Kong bourse.

The Chinese pharmaceutical company's earnings per share rose to 1.23 yuan from 1.02 yuan a year earlier.

Operating income edged up 5.75% to 275.3 billion yuan from 260.3 billion yuan a year prior.

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