Summary by Moomoo AI
cspc pharma's subsidiary cspc innovation pharmaceuticals co., Ltd. (referred to as "cspc innovation", stock code: 300765) released the unaudited third quarter report for the nine months ended on September 30, 2024 on October 23, 2024. The report shows that cspc innovation's revenue during the reporting period decreased by 14.48% compared to the same period last year, while the net profit attributable to shareholders of the listed company plummeted by 98.03%. In addition, both basic earnings per share and diluted earnings per share decreased by over 97%. The financial situation of cspc innovation indicates significant changes in items such as monetary funds, accounts receivable financing, and accounts payable, with a 65.69% decrease in monetary funds, mainly due to the company's purchase of large-term deposits, share repurchases, cash dividends, and payments for research and development expenses. cspc pharma emphasizes that this financial report only reflects the financial situation of cspc innovation, not the overall financial data of cspc pharma, reminding investors to exercise caution when trading the company's securities.