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Tianjin Zhong Xin Pharma posts 10% rise in 2Q earnings to $30.8 mil

Stanislaus Jude Chan
Stanislaus Jude Chan8/14/2019 05:56 PM GMT+08  • 1 min read
Tianjin Zhong Xin Pharma posts 10% rise in 2Q earnings to $30.8 mil
SINGAPORE (Aug 14): Tianjin Zhong Xin Pharmaceutical Group Corporation has recorded earnings of RMB 156.9 million ($30.8 million) or 0.20 RMB cents per share for the 2Q19 ended June, some 10% higher than earnings of RMB 142.2 million a year ago.
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SINGAPORE (Aug 14): Tianjin Zhong Xin Pharmaceutical Group Corporation has recorded earnings of RMB 156.9 million ($30.8 million) or 0.20 RMB cents per share for the 2Q19 ended June, some 10% higher than earnings of RMB 142.2 million a year ago.

2Q19 revenue rose 19% to RMB 1.78 billion, compared to RMB 1.50 billion a year ago.

Marketing and distribution costs grew 12% to RMB 489.7 million during the quarter, from RMB 435.5 million a year ago.

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