CR Boya Bio-pharmaceutical Affiliate Projects Net Profit Drop Amid Market Downturn

Reuters
Jan 30
CR Boya Bio-pharmaceutical Affiliate Projects Net Profit Drop Amid Market Downturn

China Resources Pharmaceutical Group Ltd. indirectly holds approximately 30.48% of the total share capital and about 41.79% of the voting rights in CR Boya Bio-pharmaceutical, making CR Boya Bio-pharmaceutical its affiliate. CR Boya Bio-pharmaceutical is listed on the Shenzhen Stock Exchange. For the year ended 31 December 2025, CR Boya Bio-pharmaceutical expects a year-on-year increase of 10.00% to 25.00% in operating revenue, mainly due to the acquisition of Green Cross HK Holdings Limited. However, the net profit attributable to shareholders is expected to see a significant decrease, primarily due to a downturn in the hyaluronic acid market and impairments related to intangible assets and goodwill of approximately RMB300 million following the acquisition.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Resources Pharmaceutical Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260130-12006126), on January 30, 2026, and is solely responsible for the information contained therein.

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