Kingworld Medicines Warns of H1 Loss; Shares Down 3%

MT Newswires Live
Aug 22

Kingworld Medicines Group (HKG:1110) expects to swing to losses in the first half of 2025, according to a Hong Kong bourse filing Thursday.

The company expects to report 4.5 million yuan in attributable loss, compared to 30.7 million yuan in profit a year earlier.

Kingworld's financial results are due Aug. 27.

Shares of the pharma distributor fell over 3% in late-morning trade Friday.

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