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China Resources Pharmaceutical (03320.HK) Subsidiary KUNYAO GROUP (600422.SH) Swings to 1Q Loss of RMB145M
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China Resources Pharmaceutical (03320.HK) announced that its subsidiary KUNYAO GROUP (600422.SH) released its first-quarter report. Total operating revenue was RMB836 million, down 48% YoY. The company recorded a net loss of RMB145 million, compared with a net profit of RMB114 million in the same period last year, representing a turnaround from profit to loss. (de/d)

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