WuXi AppTec's (02359.HK) Q1 revenue exceeds 9.6 billion yuan, with a backlog of orders of 52.3 billion yuan, supporting long-term performance release.

date
28/04/2025
According to the report obtained by the Wise Financial APP, on April 28th, WuXi AppTec (02359.HK) released their first quarter performance report for 2025. The report shows that the company's overall revenue in the first quarter was 9.65 billion yuan, a 21% increase compared to the same period last year; at the same time, profits in all three categories achieved double-digit growth. It is worth noting that the company's backlog of orders for ongoing operations reached 52.33 billion yuan, an increase of 47.1% compared to the same period last year. According to information disclosed by the company at a performance exchange meeting earlier, the main growth of the company's backlog of orders comes from late-stage small molecules and new molecules, as well as the growth of commercial orders, which have longer cover periods for late-stage and commercial projects.