Huadong Medicine's H1 Profit Jumps 18%, Operating Income Up 3%

MT Newswires Live08-16

Huadong Medicine (SHE:000963) posted first-half net profit attributable to shareholders of 1.70 billion yuan, or 0.9686 yuan per share, up 18% from 1.43 billion yuan, or 0.8190 yuan per share, in the same period the previous year.

Operating income went up 3% year over year to 20.97 billion yuan from 20.39 billion yuan, according to a Friday filing with the Shenzhen bourse.

The pharmaceutical company declared a cash dividend of 3.50 yuan per 10 shares.

Huadong Medicine shares rose 2% in recent trade.

Price (RMB): ¥28.33, Change: ¥+0.56, Percent Change: +2.02%

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