Chongqing Zhifei Biological Products Swings to Loss in H1 as Revenue Plunges 73%

MT Newswires Live08-19

Chongqing Zhifei Biological Products (SHE:300122) swung to an attributable loss of 597.1 million yuan in the first half from an attributable profit of 2.23 billion yuan in the year-ago period, according to a Tuesday filing with the Shenzhen bourse.

The vaccine manufacturer swung to a loss per share of 0.2494 yuan from earnings per share of 0.9322 yuan in the prior-year period.

Operating income decreased 73% to 4.92 billion yuan from 18.3 billion yuan in the year-ago period.

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