Summary by Moomoo AI
On June 30, 2024, WuXi AppTec announced its unaudited interim results for the six months ended that day. Revenue reached 1,724.09 million RMB, a 8.6% YoY decrease. Gross profit was 670.09 million RMB, a 11.3% YoY decrease. Net profit attributable to the company's shareholders was 423.98 million RMB, a 20.2% decrease YoY. Basic earnings per share were 1.46 RMB, diluted to 1.45 RMB. The company provides end-to-end new drug R&D and production services for the global pharmaceutical and life sciences industry, with more than 6,000 active customer base. The company holds orders worth 43.1 billion RMB, with a YoY growth of 33.2% excluding the commercialization of COVID-19 projects. The company faces uncertainty from the external environment, but is expected to maintain positive growth after excluding COVID-19 commercialization projects, with an estimated revenue of 38.3-40.5 billion RMB in 2024.
Comment(0)
Reason For Report