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China National Medicines Corp Ltd

China National Medicines Corporation Ltd. is a pharmaceutical distribution company operating in China with its subsidiaries. It manufactures and sells new drugs, Chinese patent medicines, western medicines, and medical equipment, and also offers dental drugs and equipment, warehousing, logistics, and import and export agency services. Its customers include hospitals, retail pharmacies, and medical institutions. Founded in 1999 and based in Beijing, it operates as a subsidiary of Sinopharm Group Co. Ltd.

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Sinopharm Group's 2026 interim net profit at 880 million yuan, down 7.25% year-on-year

Sinopharm Group released its 2026 interim report, with net profit attributable to the parent company at 880 million yuan, down 7.25% from the same period last year. Total operating revenue was 26.728 billion yuan, up 4.27% year-on-year, marking four consecutive years of growth. Net cash flow from operating activities was negative 2.634 billion yuan, a decrease of 1.124 billion yuan from the same period last year. The company's latest asset-liability ratio was 42.93%, gross margin was 5.98%, return on equity was 4.68%, and diluted earnings per share was 1.17 yuan.
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