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867 — China Medical System Holdings News Story

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China Medical System climbs most in six weeks on higher profit, dividend

BUZZ-China Medical System climbs most in six weeks on higher profit, dividend

** Shares of China Medical System Holdings 0867.HK climb 4% to HK$12.24, on course for the biggest one-day pct gain since July 6

** Stock touches the highest point since August 11, on track to snap six straight falling sessions

** The medicines producer, with current market capitalisation of $3.77 billion, said its H1 profit increased 4.3% y/y to 971.5 million yuan ($144.08 million) with gross profit rising 11.4% to 3.2 billion yuan and turnover up 12.5% to 4.5 billion yuan

** Co declares an interim dividend of 0.1634 yuan per share, up 5.1% from a year ago period

** YTD, stock down 5.5%, while Hang Seng Biotech Index .HSBIO up 8.9%

($1 = 6.7427 Chinese yuan renminbi)

($1 = 7.8444 Hong Kong dollars)


(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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