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1093 — CSPC PHARMACEUTICAL News Story

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Cspc Pharmaceutical Hits One: year low as quarterly profit plunges

BUZZ-CSPC Pharmaceutical hits one-year low as quarterly profit plunges  

** Shares of CSPC Pharmaceutical Group 1093.HK slide 10.8% to HK$6.64, their lowest level since May 27, 2025

** Stock on track for the biggest one-day pct decline since April 2025 in the second falling session

** Second biggest pct decliner in Hang Seng Biotech Index .HSBIO, which is down 0.5%

** Chinese pharmaceuticals products maker said its profit attributable to shareholders down 41.8% y/y to 859.8 mln yuan ($126.80 mln) for quarter ended March 31, with total revenue down 7.8% y/y to 6.47 bln yuan

** YTD, stock down 16%, benchmark Hang Seng Index .HSI down 1.1%



($1 = 6.7807 Chinese yuan renminbi)


(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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