Summary by Moomoo AI
CHINA PHARMACEUTICAL HOLDINGS LIMITED (“CHINA CHINESE MEDICINE”) ISSUED AN INSIDE STATEMENT ON JANUARY 28, 2024, ANNOUNCING THAT ITS NET PROFIT FOR THE YEAR ENDED DECEMBER 31, 2023 WILL GROW BY 85-95% YEAR-ON-YEAR. The announcement noted that this significant profit growth was due to the stability and direction of the domestic macro economy, as well as the company's drive for business growth and efficiency gains. In addition, the Company's non-recurring income for the period was increased, rather than reduced non-recurring losses, further contributing to the growth of net profit. The Board of Directors reminds shareholders and potential investors to exercise caution when buying and selling the Company's securities.