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MODERN CHI MED (01643.HK) plans to hold a Board of Directors meeting on March 26 to approve the annual performance.
Gelonghui, March 14 - MODERN CHI MED (01643.HK) announced that it will hold a Board of Directors meeting on March 26, 2025 (Wednesday), the agenda of which includes considering and approving the annual performance of the company and its subsidiaries for the year ending December 31, 2024, and considering the proposal for the distribution of a final dividend (if any).
MODERN CHI MED: DATE OF BOARD MEETING
MODERN CHI MED (01643): Xie Wanting has been appointed as co-company secretary.
MODERN CHI MED (01643) announced that Chen Zixin (formerly known as Chen Yanling) has submitted a resignation letter due to job changes, effective from...
MODERN CHI MED (01643.HK) expects annual net profit to be between 8 million and 12 million yuan.
On March 6, Glonghui reported that MODERN CHI MED (01643.HK) announced that the group expects to record a net profit of between 8 million yuan and 12 million yuan for the year ending December 31, 2024, while for the year ending December 31, 2023, it recorded a net profit of approximately 48.8 million yuan. The decrease in net profit is mainly attributed to: 1) the temporary cessation of production due to renovations in the preparation workshop from February to May 2024, along with a decrease in revenue caused by the new national policies and a reduction in the number of active clients; and 2) the removal of the preparation workshop resulting in property losses.
Express News | Modern Chinese Medicine Group Sees Decrease in FY Revenue
Express News | Modern Chinese Medicine - Expected Net Profit for 2024 Between RMB8.0 Mln and RMB12.0 Mln
