LakeShore Biopharma FY24 Revenue RMB573.4M, Down From RMB687M YoY
Portfolio Pulse from Benzinga Newsdesk
LakeShore Biopharma reported FY24 revenue of RMB573.4 million, a decrease from RMB687 million year-over-year.
August 15, 2024 | 12:36 pm
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LakeShore Biopharma reported a significant decrease in FY24 revenue, down to RMB573.4 million from RMB687 million year-over-year. This decline may concern investors about the company's growth prospects.
The significant year-over-year decline in revenue suggests potential issues in the company's growth or market conditions, which could negatively impact investor sentiment and the stock price in the short term.
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