Hyphens Pharma International Limited

[lkw175]

Net profit for 1Q24 is 97% higher than 1Q23.
But the sales for its own brand products had decreased.

https://links.sgx.com/FileOpen/Quarterly...eID=803338

[dreamybear]

Net profit for 1Q24 is 97% higher than 1Q23.
But the sales for its own brand products had decreased.

https://links.sgx.com/FileOpen/Quarterly...eID=803338

I think the 1Q23 "sales volume" has reached an inflection point since revenue was up 44% whereas PBT up a whopping 118%. Wld be good if NPM can be at high single digit levels.

Remains to be seen whether revenue can continue to grow for the rest of the year and beyond, and how the digital platforms' additional funding will pan out.