Tag: outbreak

The Irish Government will provide Aer Lingus with a further €200 million ($220 million) in support, in addition to the €150 million ($165 million) it got in late 2020. The carrier reported operational losses of €347 million ($383 million) in […]

HONG KONG, Mar 23, 2022 - (ACN Newswire) - Kingworld Medicines Group Limited (stock code: 01110.HK), a leading omni-channel enterprise providing greater health products and services in China, issued today a positive profit alert as it expects to record an approximately 155% to 160% increase in profit attributable to owners of the Company for 2021, as compared to RMB11.7 million for 2020.

The positive profit alert was based on preliminary assessment of the unaudited consolidated management accounts of the Group for 2021 and information currently available to the Board. The Board attributes the increase in profit mainly to the market recovering from the COVID-19 pandemic outbreak pushing up the turnover and gross profit of imported branded pharmaceutical and healthcare products distributed in China in 2021 by approximately 45% to 50% and approximately 65% to 70%, respectively, against the previous year. The management of the Company also adopted effective measures against the COVID-19 pandemic outbreak to reduce costs and improve efficiency, thus enhancing the Company's overall competitiveness.

Shenzhen Dong Di Xin Technology Company Limited, Kingworld Medicines' non-wholly owned subsidiary, is a manufacturer producing various medical devices including infrared thermometers. Affected by a drop in sales of anti-Pandemic devices, the company is expected to record an approximately 34% to 39% decrease in profit for 2021 as compared with the previous year.

About Kingworld Medicines Group Limited
Kingworld Medicines (stock code: 01110.HK) has devoted more than 20 years to developing a comprehensive greater health industrial supply chain system. Its business covers over 34 provinces and municipalities in China, and it is among the Top 100 Import Enterprises of Pharmaceutical and Healthcare Products and Top 5 Sales of Imported Chinese Patent Medicine in the country. In-keeping with the new normal of consumption upgrade, it has constructed a complete online and offline new retail ecosystem. Its subsidiary Shenzhen Kingworld Medicines is a reputed distributor of branded pharmaceutical and healthcare products imported from overseas, including Nin Jiom Loquat Herbal Cough Syrup, Taiko Seirogan, Kingworld Imada Red Flower Oil, and Culturelle probiotics from the United States, etc., in the China market.

For further information, please visit http://www.kingworld.com.cn .



Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comKingworld Medicines Group Limited (stock code: 01110.HK), a leading omni-channel enterprise providing greater health products and services in China, issued today a positive profit alert as it expects to record an approximately 155% to 160% increase in profit attributable to owners of the Company for 2021, as compared to RMB11.7 million for 2020.

Summer Games Done Quick is returning with another week-long charity speedrunning event this June, and it'll mark the show's first in-person event since organisers made the move to an online-only schedule more than two years ago in response to the coronavirus pandemic.

Games Done Quick organisers opted to ditch the annual summer speed-running event's real-world component back in June 2020, as the severity of the coronavirus outbreak become more widely understood, and the online-only model has remained in place for all its events since then, including January's annual Awesome Games Done Quick showcase.

Read more

This article is the second part of our previous story, We May Soon Have Global Digital Identities. Although you can skip reading part one, we recommend checking it out before continuing! As we discussed in the first part, the United Kingdom is in the initial phases of its digital ID systems. Besides the UK, we also […]

Nevada and Indiana gaming regulators are investigating sexual misconduct against Barstool owner Dave Portnoy have risen amidst Barstool’s sale to Penn National Gaming.

The post Dave Portnoy, Sexual Misconduct Claims Stall Barstool Sale appeared first on VegasSlotsOnline News.

Netflix’s Resident Evil series finally got a release date, and […]

The post Netflix’s Resident Evil Series Release Date Revealed appeared first on PlayStation LifeStyle.

The post New Italian Rules for Surgical Masks appeared first on RegDesk.

Tesla’s primary vehicle export hub, Gigafactory Shanghai, is suspending its operations for two days. The halt comes as China deals with its latest Covid outbreak, which has forced the country to adopt stringent safety restrictions once more. The temporary pause in the massive electric vehicle production facility’s operations was shared in a notice sent internally […]

The post Tesla Giga Shanghai to take two-day break amid China’s fresh wave of Covid cases appeared first on TESLARATI.

POET Technologies Inc of Toronto, Ontario, Canada — a designer and developer of the POET Optical Interposer and photonic integrated circuits (PICs) for the data-center and telecom markets — has reported that, as a response to the temporary lockdown resulting from a COVID-19 outbreak in Shenzhen, critical development activities have been absorbed by Singapore and other locations...

The Gimmicks is a new Solana NFT animated wrestling series founded by the animation studio Toonstar in collaboration with Six Wall, the production house of American Actress Mila Kunis. In a press conference following the announcement, Toonstar CEO John Attanasio described the Mila Kunis-backed show as “South Park meets WWE, but interactive and greasier.” The...

The post The Gimmicks – New Solana NFT Animated Series Launched by Mila Kunis appeared first on Cryptoverze.

Gold prices remain under pressure near a weekly low and have declined for three days. Even though yields are at multi-month highs, the market struggles to find direction in Asia. China is facing an outbreak of the Coronavirus, and the city of Langfang near Beijing has been sealed off. The gold forecast is strongly bearish … Continued

The post Gold Forecast: Bears Eying Monthly Lows of $1,900 amid Fed, Risk-on appeared first on Forex Crunch.

Blockchain technology has had a huge impact on the financial sector. Although many traditional financial institutions like Bank of America use blockchain, it is still mostly used for cryptocurrency transactions. The benefits of the blockchain network are soon going to be put to the test. There are indicators that Russia is going to start moving […]

The post Will Blockchain Be Resilient for Russians Using Cryptocurrencies? appeared first on SmartData Collective.