Wanbangde Pharmaceutical Holding Group's (SZSE:002082) Earnings Have Declined Over Three Years, Contributing to Shareholders 35% Loss

Simply Wall StDec 3 21:35 ET

Wanbangde Pharmaceutical Holding Group (002082.SZ): Currently, the sales of Ginkgo Biloba Leaf Capsules have increased in OTC channels and third-party terminals.

Gelonghui November 22nd │ Wanbangde pharmaceutical holding group (002082.SZ) stated at the investor event that the company's performance fluctuations are mainly affected by the impact of centralized procurement with large quantities of core products, particularly the significant price reduction of the company's core product, Ginkgo leaf capsules, after winning the bid for centralized procurement, with a decrease of approximately 54%, impacting the company's revenue and profit situation. With the gradual expansion and normalization of the centralized procurement policy and the stabilization of medical and pharmaceutical policies, the company is actively adjusting its marketing strategy to digest the pressure brought by centralized procurement. Currently, there is some growth in the Ginkgo leaf capsule OTC channel and the third terminal, as well as in products such as Triamcinolone Acetonide injection and Bromhexine hydrochloride new products.

Gelonghui FinanceNov 22 02:27 ET

Wanbangde Pharmaceutical Holding Group (002082.SZ): Some active pharmaceutical ingredients have started overseas sales business.

Gelonghui, November 21 – Wanbangde Pharmaceutical Holding Group (002082.SZ) stated on the investor interaction platform that the company has been expanding into overseas markets for many years. 1. In the medical instruments business, the company continues to promote the "bring in, go out" strategic approach for Sino-African coordinated development, acquiring South Africa's Timac and Elitet companies in 2016, initiating deep cooperation with the South African medical industry. Focused on spinal fusion devices, orthopedic joint implants, medical devices, and hospital engineering services, the company represents several internationally and domestically renowned brands in the African market, selling and providing maintenance services for PET-CT, MRI, and other medical equipment, while in 2019, the 'China'...

Gelonghui FinanceNov 21 02:04 ET

Wepon Pharmaceutical Unit's Chlorpromazine Hydrochloride Tablets Passes Regulatory Evaluation

MT NewswiresNov 18 05:45 ET

Here's Why Wanbangde Pharmaceutical Holding Group (SZSE:002082) Can Manage Its Debt Responsibly

Simply Wall StNov 12 17:07 ET

Wan Bond: Report for the third quarter of 2024

SZSIOct 29 12:00 ET · Announcements