China Traditional Chinese Medicine Holdings Co (HK:0570) has released an update.
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China Traditional Chinese Medicine Holdings Co. has reported a decline in its interim financial results for the six months ending June 30, 2024, with total revenue dropping by 9.9% and profit for the period plunging by 65.3% compared to the previous year. The earnings per share also saw a significant decrease of 63.5%. This downturn is reflected across various sectors of the company, including Chinese medicinal herbs integration and concentrated TCM granules businesses experiencing notable revenue declines.
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