Fosun Pharma's H1 Profit Falls; EPS, Revenue Miss Estimates

MT Newswires Live08-28

Shanghai Fosun Pharmaceutical's (HKG:2196, SHA:600196) attributable profit fell to 1.22 billion yuan in the first half from 1.78 billion yuan in the year-ago period, according to a Tuesday filing with the Hong Kong Stock Exchange.

Earnings per share at the drug company decreased to 0.46 yuan from 0.67 yuan a year earlier. Analysts at Visible Alpha estimated EPS at 0.55 yuan.

Revenue declined to 20.4 billion yuan from 21.3 billion yuan in the previous year. Visible Alpha analysts forecast revenue at 21.3 billion yuan.

Price (HKD): $12.54, Change: $+0.12, Percent Change: +0.97%

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