Demand for vitamins has rebounded year-on-year. Tianxin Pharmaceutical states that changes in supply and demand have caused the price of folic acid to rise | Highlights from the earnings conference.
① The general manager of Tianxin Pharmaceutical, Yu Xiaobing, stated that there are signs of recovery in the vitamin market demand year-on-year in the second half of this year, and the changes in market supply and demand have led to an increase in the price of folic acid; ② The secretary of the board of directors of Tianxin Pharmaceutical, Dong Yi, answered questions regarding the fundraising projects.
Tasly Pharmaceutical Group: Some products are priced down, leading to a decrease in Q3 gross margin. All parties are actively promoting the trade with China Resources Sanjiu Medical & Pharmaceutical | Straight to the earnings conference
① Due to the overall low prosperity in the pharmaceutical commerce industry, the company's revenue in this sector declined in the third quarter of this year; although revenue in the pharmaceutical industry sector grew year-on-year, the price reduction of some products led to a decrease in gross margin, and the company expects that the gross margin may remain stable in the future. ② Regarding the equity trade matter of the company's major shareholder with china resources sanjiu medical & pharmaceutical, the company's general manager Cai Jinyong stated that the company and relevant parties are actively promoting the various aspects of this trade.
Tianxin Pharmaceutical's chairman has been placed under coercive measures and resigned as the company's legal representative in June | Quick read announcement
①Tonight, Tianxin Pharmaceutical announced that its actual controller and chairman, Xu Jiangnan, has been detained for investigation; ②In June this year, Xu Jiangnan resigned as the legal representative of the company; ③Since the middle of last year, dozens of pharmaceutical company chairmen and executives have been detained or investigated, and some have been released from detention.
From cspc innovation pharmaceutical to Stone Medicine Innovation, what has changed is not just the R&D expenses.
From active pharmaceutical ingredients to innovative drugs, from focusing on current profits to focusing on product pipeline and cash flow.
CSPC Innovation Pharmaceutical's quarterly net profit hits a new low, while G Stone Biosciences burned over four billion yuan in research and development expenses in the first three quarters. Interpretations of the financial report.
①Affected by the lower price of caffeine and the increase in investment in Giant Stone Bioscience, cspc innovation pharmaceutical handed in a third-quarter report with declining performance. ②Q3 of this year also became the worst quarter in terms of the company's profitability up to now. ③After planning for more than 9 months, the acquisition of Stone Pharmaceutical by cspc innovation pharmaceutical finally made new progress last week.
Vitamin price increase dividend realized! zhejiang nhu Q3 net profit increased by nearly 190% year-on-year|interpretations
1. Zhejiang NHU and Zhejiang Garden Biopharmaceutical have seen a sharp increase in profits in Q3; 2. The rise in prices of vitamins has boosted manufacturers' performance; 3. Vitamin prices have declined from their peak, but still remain relatively high; 4. The price hike benefits will continue into Q4, but profit growth may slow down.