FilingReader Intelligence

CSPC Innovation reports revenue drop, focus shifts to innovation

March 27, 2025 at 08:59 PM UTCBy FilingReader AI

CSPC Innovation Pharmaceutical (SZSE:300765) reported a 21.98% drop in revenue to RMB 1.98 billion for 2024, alongside a significant 87.63% plunge in net profit, according to its annual report. The company attributes the downturn to pricing pressures in its functional food and ingredient sectors.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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