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Asymchem Laboratories Reports Decline in 2024 Financial Results

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Asymchem Laboratories (Tianjin) Co., Ltd. Class H ( (HK:6821) ) has provided an announcement.

Asymchem Laboratories reported a significant decline in its financial performance for the year ended December 31, 2024, with revenue decreasing by 25.40% and net profit attributable to shareholders dropping by 58.17% compared to the previous year. The company announced a proposed dividend distribution plan, which is subject to shareholder approval, despite the challenging financial results.

More about Asymchem Laboratories (Tianjin) Co., Ltd. Class H

Asymchem Laboratories (Tianjin) Co., Ltd. is a joint stock company incorporated in China, operating in the pharmaceutical industry. The company focuses on providing comprehensive services in drug development and manufacturing.

YTD Price Performance: 9.43%

Average Trading Volume: 368,411

Technical Sentiment Signal: Buy

Current Market Cap: HK$29.08B

For a thorough assessment of 6821 stock, go to TipRanks’ Stock Analysis page.

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