Sinopharm Accord Reports Decline in Revenue and Profits for H1 2025

Reuters
Aug 29
Sinopharm Accord Reports Decline in Revenue and Profits for H1 2025

Sinopharm Group Co. Ltd. has released its 2025 interim report highlighting the financial performance of its subsidiary, China National Accord Medicines Corporation Ltd. ("Sinopharm Accord"). The report details that for the six months ending 30 June 2025, Sinopharm Accord experienced a slight decrease in revenue, totaling 36.8 billion yuan, down 2.62% from the same period last year. The net profit attributable to shareholders of the listed company also saw a decline of 10.43%, amounting to 665.9 million yuan. Furthermore, net cash flow from operating activities dropped significantly by 98.38% compared to the previous year. Despite these decreases, Sinopharm Accord's total assets saw an increase of 6.04%, reaching over 50.4 billion yuan, with net assets attributable to shareholders rising by 2.64%.

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