Summary by Futu AI
Pharmaceutical United Biotechnology Co., Ltd. announces that the company's unaudited consolidated management accounts for 2023 showed significant growth in sales revenue and net profit. According to preliminary estimates, sales revenue grew by more than 100%, net profit grew by more than 80%, and adjusted net profit grew by more than 100%. This growth is mainly due to the active development of the Antibody Drug Duplicate (ADC) industry and the company's competitive advantage in this field. After going public in November 2023, the company successfully obtained several production process verification projects (PPQs) and signed technical cooperation projects with several biotech companies focused on ADC development. The Board of Directors expressed confidence in the future business outlook. Shareholders and potential investors should note that these data have not yet been audited and are subject to final draft and possible other adjustments. THE COMPANY WILL ANNOUNCE THE ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023 AT THE END OF MARCH 2024.