JBM (Healthcare) Expects at Least 50% Higher H1 Profit

MT Newswires Live11-01

JBM (Healthcare) (HKG:2161) expects profit attributable to shareholders to increase at least 50% for the six months ended Sept. 30 compared with the corresponding period of the previous year, according to a Friday filing with the Hong Kong bourse.

The company attributed the increase in profit to the robust sales momentum of the group's key brands, notably Ho Chai Kung in the branded medicines segment and Po Chai Pills in the proprietary Chinese medicines segment, supported by the sustained growth of the group's concentrated Chinese medicine granules business.

The company plans to publish its interim results on Nov. 19.

The Medicine company's shares were up about 22% at the close of trade.

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