News: Although SINOPHARM's revenue has increased, cash outflow continues to expand in the first quarter
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SINOPHARM Holdings Limited announced its first-quarter performance, with revenue increasing by 6.6% year-on-year to CNY 13.56 billion, and profit attributable to shareholders rising by 3.3% to CNY 474 million. However, the cash outflow situation is not optimistic, with operating cash outflow in the first quarter nearing CNY 3.6 billion, an increase of nearly 90% compared to the same period last year. The stock price opened flat on Thursday at HKD 19.83, down more than 10% over the past year
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