WUXI XDC(02268) announced a profit increase of over 50% year-on-year in the first half of the year, bringing joy to shareholders.
WuXi AppTec (02268) announced that the group expects its revenue in the first half of 2025 to increase by over 60% year-on-year, after adjustment...
WUXI XDC (02268) announced that the group expects its revenue to grow by over 60% year-on-year in the first half of 2025, and the adjusted net profit (excluding interest income and expenses) to increase by over 67%, with the net profit growing by over 50%.
The company believes that the expected growth is mainly attributed to the following factors: the continued strong downstream demand for Antibody-Drug Conjugates (ADC) and the broader biopharmaceutical industry; the group obtaining important market share in the biopharmaceutical CRDMO sector through its solid leading position and competitive advantages; and the rapid ramp-up of production capacity of the group's new production lines, with production facilities maintaining high utilization rates and continuous improvement in operational efficiency.
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