2 stories mentioning HKG:3839Updated 47d ago
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Chia Tai Enterprises International (HKG:3839) recorded an attributable profit of $5.6 million in the first quarter, down from $7.7 million a year prior.Revenue slipped to $99 million from $165 million in the year-ago period, according to a Tuesday Hong Kong bourse filing from the biotech and investment business.
Chia Tai Enterprises International (HKG:3839) expects an attributable profit of around $5.5 million for the three months ended March 31, down from $7.7 million a year prior, according to a Wednesday Hong Kong bourse filing.The industrial machinery and equipment company attributed the forecast to a decline in the profit contribution from its chlortetracycline products.
