Xiangxue Pharmaceutical Co.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 04:21 pm IST
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Xiangxue Pharmaceutical Co.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 613.72 million compared to CNY 790.93 million a year ago. Revenue was CNY 613.72 million compared to CNY 790.93 million a year ago. Net loss was CNY 54.38 million compared to net income of CNY 24.62 million a year ago. Basic loss per share from continuing operations was CNY 0.082 compared to basic earnings per share from continuing operations of CNY 0.04 a year ago. Diluted loss per share from continuing operations was CNY 0.082 compared to diluted earnings per share from continuing operations of CNY 0.04 a year ago.
XIANGXUE PHARMACEUTICAL CO.,LTD. is a China-based company principally engaged in the research, development, production and distribution of traditional Chinese medicines and herbal decoction pieces. The Company's main products include antiviral oral liquids, indigowoad root granules, Exocarpium Citri Reticulatae series Chinese patent drugs and herbal decoction pieces, among others. The Company is also involved in the manufacture and sale of medical devices, health products, soft drinks and biological products. The Company distributes its products in domestic market.