KINGWORLD MEDICINES GROUP


Associated tags: Lacticaseibacillus rhamnosus, Medication

Locations: UNITED STATES, CHINA, SHENZHEN, HONG KONG

Net Profit of Kingworld Increased By 35.9% YoY

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星期一, 八月 28, 2023

Gross profit increased by 15.7% to approximately RMB155 million.

Key Points: 
  • Gross profit increased by 15.7% to approximately RMB155 million.
  • Profit for the period increased by 35.9% to approximately RMB48 million.
  • Profit attributable to owners of the Company increased by 55.8% to approximately RMB38 million.
  • However, through active marketing and promotion, the market share of the major products increased significantly year-on-year with an increase in gross profit margin.

Kingworld Medicines Expects 1H Profit Increased By 35%-40%

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星期三, 八月 2, 2023

HONG KONG, Aug 2, 2023 - (ACN Newswire) - Kingworld Medicines Group ("Kingworld Medicines" or the "Group", stock code: 01110.HK), a leading healthcare distribution company, announced a projected rise in profit for the first half of the fiscal year.

Key Points: 
  • HONG KONG, Aug 2, 2023 - (ACN Newswire) - Kingworld Medicines Group ("Kingworld Medicines" or the "Group", stock code: 01110.HK), a leading healthcare distribution company, announced a projected rise in profit for the first half of the fiscal year.
  • The Board attributes this profit increase to increased revenue and gross profit stemming from the distribution of imported branded pharmaceutical and healthcare products in China, with growth rates reaching approximately 30% to 35% and 15% to 20%, respectively.
  • Kingworld Medicines is a company specializing in the distribution of imported branded pharmaceutical and healthcare products in China.
  • Mr. Zhao Lisheng, Chairman of the Board of Kingworld Medicines Group, commented: "The Group's profit increase was mainly due to market recovery and the Group's employees' unremitting efforts, which adapted post-pandemic.

Kingworld Medicines Earns "Shenzhen Time-honored Brand" Title Again

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星期二, 二月 28, 2023

As an industry leader of more than two decades, Kingworld Medicines has won market acclaims and was again named a "Shenzhen Time-honored Brand".

Key Points: 
  • As an industry leader of more than two decades, Kingworld Medicines has won market acclaims and was again named a "Shenzhen Time-honored Brand".
  • The Company's own medicine brand Kingworld Imada Red Flower Oil recently made the official topical oil at the Shenzhen Bao'an Marathon.
  • The topical oil is among the best of Kingworld's own brand medicines, known for improving circulation, fending off coldness and reducing swelling and pain.
  • Kingworld Medicines will send teams to take part in the event.