Source: Zhitong Finance
News on May 10,$Emerging Pharmaceuticals (06108.HK) $It has continued to be active recently, rising more than 45% in early trading and over 160% in the past three days. As of press release, it rose 46.03% to HK$184, with a turnover of HK$183 million.
According to the news, the annual results of Emerging Pharmaceuticals show that in 2021, Emerging Pharmaceuticals achieved a year-on-year increase in revenue of about HK$335 million to about HK$335 million, with a loss of about 2.82 million yuan, a year-on-year contraction of about 96%. The company emphasized that the increase in sales of second-generation cephalosporin products was the main reason for the sharp increase in revenue.
Zhitong Finance previously pointed out in “10 Days Surge 600%, Everything Starts with the Resumption of Trading of Emerging Pharmaceuticals (06108)” that the sharp rise in emerging pharmaceuticals was mainly due to factors such as a sharp increase in the company's performance and getting rid of the negative impact of the takeover case a few years ago. However, from a fundamental point of view, the future prospects of the pharmaceutical distributor industry are not optimistic, and there is limited room for growth.