Summary by Moomoo AI
Wuxi XDC, a subsidiary of WuXi AppTec, announced its semi-annual financial report on June 30, 2024. The report shows that in the six months ending on June 30, 2024, the company's revenue reached 1,665.2 million yuan, a year-on-year increase of 67.6%; gross profit was 535.3 million yuan, a year-on-year increase of 133.4%. The net profit attributable to owners of the company was 488.2 million yuan, a significant increase of 175.5% year-on-year. In addition, the adjusted net profit attributable to owners (non-IFRS indicators) was 533.6 million yuan, an increase of 146.6% year-on-year. The company successfully completed a global offering in November 2023 and listed on the Main Board of the Hong Kong Stock Exchange, raising over 4 billion Hong Kong dollars. The board of directors does not recommend paying any interim dividends for the six months ending on June 30, 2024.
