---
title: "News: Although SINOPHARM's revenue has increased, cash outflow continues to expand in the first quarter"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283762954.md"
description: "SINOPHARM Holdings Limited announced its first-quarter performance, with revenue increasing by 6.6% year-on-year to CNY 13.56 billion, and profit attributable to shareholders rising by 3.3% to CNY 474 million. However, the cash outflow situation is not optimistic, with operating cash outflow in the first quarter nearing CNY 3.6 billion, an increase of nearly 90% compared to the same period last year. The stock price opened flat on Thursday at HKD 19.83, down more than 10% over the past year"
datetime: "2026-04-23T04:16:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283762954.md)
  - [en](https://longbridge.com/en/news/283762954.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283762954.md)
---

# News: Although SINOPHARM's revenue has increased, cash outflow continues to expand in the first quarter

Pharmaceutical wholesaler and retailer **SINOPHARM Group Co., Ltd.** (1099.HK, 600511.SH) announced its **first quarter results** on Wednesday, with revenue increasing by 6.6% year-on-year to 13.56 billion yuan, and profit attributable to shareholders rising by 3.3% to 474 million yuan. The net profit excluding non-recurring gains and losses was 465 million yuan, up 4.2% year-on-year.

Although revenue and profit both grew, the cash flow situation is not optimistic. The cash outflow from operating activities in the first quarter was nearly 3.6 billion yuan, a significant increase of nearly 90% compared to 1.89 billion yuan in the same period last year.

On Thursday, SINOPHARM opened flat in Hong Kong at 19.83 HKD, with its stock price down more than 10% from its high over the past year.

_Liu Zhiheng_

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