Sinopharm Reports Revenue Growth with Cash Flow Challenges

Sinopharm Group Co (HK:1099) has released an update.

Sinopharm Group Co.’s subsidiary, SINOPHARM (CNCM LTD), reported a 4.1% increase in revenue, reaching over 38 billion yuan for the first nine months of 2024. Despite this growth, net cash flow from operating activities saw a dramatic decline. Investors might find the modest rise in net profit and earnings per share noteworthy amidst these mixed financial indicators.

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