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Home / News / Results

Tianjin Zhong Xin Pharma records 1Q21 earnings jump of 25% y-o-y to $44 million

Results

Tianjin Zhong Xin Pharma records 1Q21 earnings jump of 25% y-o-y to $44 million

Atiqah Mokhtar Published on Thu, Apr 29, 2021 / 5:45 PM GMT+8

Tianjin Zhing Xin Pharma records 1Q21 earnings jump of 25% y-o-y to $44 million - THE EDGE SINGAPORE

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Tianjin Zhong Xin Pharmaceutical Group Corporation has reported earnings of RMB213 million ($43.5 million) for its 1QFY2021 ended March, up 25% y-o-y.

The higher earnings follow an increase in revenue for the period, which climbed 10% y-o-y from RMB1.65 billion to RMB1.83 billion on the back of higher sales in tandem with China’s recovering economy.

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