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Tianjin Zhong Xin's 3Q earnings fall 11% to $16.8 mil

Stanislaus Jude Chan
Stanislaus Jude Chan • 2 min read
Tianjin Zhong Xin's 3Q earnings fall 11% to $16.8 mil
SINGAPORE (Oct 30): Tianjin Zhong Xin Pharmaceutical Group Corporation posts an 11% decline in earnings to RMB 82.0 million ($16.8 million) for the 3Q ended September, from RMB 91.6 million a year ago.
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SINGAPORE (Oct 30): Tianjin Zhong Xin Pharmaceutical Group Corporation posts an 11% decline in earnings to RMB 82.0 million ($16.8 million) for the 3Q ended September, from RMB 91.6 million a year ago.

Revenue fell 14% to RMB 1.31 billion in 3Q17, from RMB 1.51 billion a year ago.

In a filing to SGX on Monday, the group did not elaborate on reasons for the decline.

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