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Hangzhou Tigermed Consulting Co Ltd - HNGZY STOCK NEWS

Welcome to our dedicated news page for Hangzhou Tigermed Consulting Co (Ticker: HNGZY), a resource for investors and traders seeking the latest updates and insights on Hangzhou Tigermed Consulting Co.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hangzhou Tigermed Consulting Co's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hangzhou Tigermed Consulting Co's position in the market.

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Hangzhou Tigermed Consulting Co., reported its 2023 annual results, showing 4.2% YoY revenue growth to RMB 7,384 million. Adjusted Non-IFRS net profit rose by 7.2% YoY to RMB 1,786 million. The company's China revenue surged by 17.6%, while overseas revenue fell by 9.6%. Tigermed continued its leadership in the clinical CRO industry, assisting in the approval of 22 new drugs and 6 medical devices in China in 2023. The company expanded globally, with 9,701 employees in 28 countries. Tigermed integrated digital technologies into clinical development, focusing on decentralized trials and global expansion. Management emphasized resilience and dedication to innovation.
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Hangzhou Tigermed Consulting Co., Ltd. announced its interim results for the first half of 2023. Total revenue achieved 3.2% YoY growth to RMB 3,710.9 million. Adjusted Net Profit Attributable to the Owners of the Company increased by 2.2% YoY to RMB 895.6 million. Geographically, China's revenue increased by 24.2% YoY to RMB 2,087.4 million. The company's overseas revenue decreased by 15.2% YoY to RMB 1,623.5 million.
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Tigermed, a global Contract Research Organization (CRO), has announced the opening of its International Headquarters in Hong Kong. The headquarters will facilitate efficient coordination of global projects, drive business expansion, and enhance the company's service platform and global talent. Tigermed aims to collaborate with more global enterprises and research institutions to provide high-quality CRO services. The International Headquarters demonstrates the company's commitment to expanding research capability and global reach.
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Tigermed, a global Contract Research Organization (CRO), has opened its International Headquarters in Hong Kong to coordinate and manage global projects more efficiently. The headquarters will drive business expansion, empower customers on a global scale, and bring new energy to the company's service platform, global talent, and corporate culture.
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Hangzhou Tigermed Consulting Co Ltd

OTC:HNGZY

HNGZY Rankings

HNGZY Stock Data

5.92B
625.82M
Testing Laboratories
Professional, Scientific, and Technical Services
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China
Hangzhou