SINOPHARM Unit Reports 20.41% Drop in Q1 Operating Profit

Stock News04-23

SINOPHARM (01099) has released financial results for its subsidiary, China National Medical Device Co., Ltd., for the three-month period ended March 31, 2026. The subsidiary reported operating revenue of approximately 17 billion yuan, representing a 1.23% year-on-year increase. However, operating profit stood at 220 million yuan, a decrease of 20.41% compared to the same period last year. Comprehensive income attributable to owners of the parent company was 115 million yuan, down 7.47% year-on-year.

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