China's Nanjing Sinolife H1 profit falls on higher selling and distribution expenses
China's Nanjing Sinolife H1 profit falls on higher selling and distribution expenses
Overview
China health supplements maker's H1 revenue rose 18% yr/yr
Profit for the period declined to RMB10.3 mln from RMB15.3 mln a year earlier
Company did not declare an interim dividend for the period
Outlook
Nanjing Sinolife United will deepen cross-border e-commerce across Douyin, Tmall and JD.com in H2 2026
Good Health will increase R&D spending and launch products focused on functional segmentation and precise ingredients
Result Drivers
REVENUE GROWTH - Revenue rose 18% yr/yr to RMB392.3 mln in H1
HIGHER OPERATING COSTS - Selling and distribution expenses rose sharply, contributing to lower profit despite higher gross profit
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| RMB 392.3 mln |
|
Analyst Coverage
The stock recently traded at 1 times the next 12-month earnings vs. a P/E of 1 three months ago
Reuters Recommended Reads
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Aug 21 - China's Haohai Biological H1 revenue falls, partly hurt by end of Brighten Optix distribution
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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