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BeiGene Net Loss Narrows 27% in 2024
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Hong Kong Stock Announcement: BeiGene Shenzhou Limited Annual Results Announcement for the Year Ended December 31, 2024
BEIGENE (06160.HK) announced its annual performance, with product revenue increasing by approximately 72.6%. It is expected to achieve operating profit under USA Generally Accepted Accounting Principles by 2025.
On March 27, GLONGHUI reported that BEIGENE (06160.HK) announced that the total revenue for the year ending December 31, 2024, increased by approximately 1.4 billion USD or about 55.0% to approximately 3.8 billion USD compared to the previous year. Product revenue increased by approximately 1.6 billion USD or about 72.6% to approximately 3.8 billion USD compared to the previous year. Baiyueze achieved global revenue of 2.6 billion USD for the full year of 2024, growing by 104.9% compared to the previous year. The net loss for the year ending December 31, 2024, decreased by approximately 236.9 million USD or about 26.9% to approximately 644.8 million USD compared to the previous year.
Express News | RPT-Beigene Ltd - Net Loss for Year US$644.8 Million
Express News | Beigene - Total Revenues for Year US$1.4 Bln
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