China Jo-Jo Drugstores: Growth Amidst Net Loss

China Jo-Jo Drugstores (CJJD) has released an update.

China Jo-Jo Drugstores, Inc. reported a revenue increase to $154.54 million for fiscal year 2024, up by 3.8%, despite a challenging market environment. The company saw a significant 42.1% growth in its wholesale business, attributing it to successful strategies on modern wholesale platforms. However, they faced a net loss of $4.23 million, although this was an improvement from the previous year’s larger loss.

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