HK Stock Market Move | WuXi AppTec (02359) opened more than 7% higher with a year-on-year net profit growth of 84.84% in the first three quarters, further raising its full-year performance guidance.

WuXi AppTec (02359) opened more than 7% higher, as of press time, up 7.51% to HK$118.8, with a turnover of HK$312.939 million. On the news front, WuXi AppTec announced that it achieved operating income of RMB 32.86 billion in the first three quarters of 2025, an increase of 18.6% year-on-year, with continuous operating income growth of 22.5% year-on-year; net profit attributable to shareholders of the listed company was RMB 12.076 billion, an increase of 84.84% year-on-year. The company expects the continuous operating income to return to double-digit growth in 2025, with a growth rate raised from 13-17% to 17-18%. The company expects overall revenue for the year to be raised from RMB 42.5-43.5 billion to RMB 43.5-44 billion. The company will focus on its core CRDMO business and continue to improve production and operating efficiency. As of the end of September 2025, WuXi AppTec's continuous operating business backlog was RMB 59.88 billion, an increase of 41.2% year-on-year. In the first three quarters of 2025, the company's continuous operating income was RMB 32.45 billion, with revenue from US customers at RMB 22.15 billion, a year-on-year increase of 31.9%; revenue from European customers was RMB 3.84 billion, a year-on-year increase of 13.5%; revenue from Chinese customers was RMB 5.04 billion, a year-on-year increase of 0.5%; and revenue from other regions was RMB 1.42 billion, a year-on-year increase of 9.2%.