Jilin Changlong Bio-pharmacy interim profit rises on lower costs
Jilin Changlong Bio-pharmacy interim profit rises on lower costs
Overview
China biochemical medicines maker's interim revenue fell 0.1% yr/yr
Net income attributable to shareholders rose for the six months ended 30 June 2026
Gross margin improved due to lower production and material costs
Outlook
Company did not provide specific financial outlook
Result Drivers
COST REDUCTIONS - Co said gross margin improved due to lower production and material costs
PRODUCTION UPGRADES - Co cited automation and equipment upgrades as improving efficiency and reducing costs
PRODUCT PORTFOLIO EXPANSION - Launch of oral solution products added to product mix
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| RMB 435 mln |
|
H1 Net Income Attributable |
| RMB 122.80 mln |
|
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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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