Summary by Futu AI
Wuxi Bio has released its preliminary financial results for the 2025 fiscal year, projecting a 16.7% increase in annual revenue to RMB 21.8 billion, with gross margin improving by 5 percentage points to 46.0%. The company anticipates a 45.3% growth in net profit to RMB 5.733 billion, and a 46.3% rise in net profit attributable to shareholders to RMB 4.908 billion. Adjusted non-IFRS net profit is expected to grow by 22.0% to RMB 6.586 billion.The growth in performance is primarily attributed to the successful execution of the company's 'Follow and Win Molecules' strategy, along with rapid advancements in technology platforms such as bispecific antibodies and ADCs. The company has expanded its comprehensive biopharmaceutical R&D service offerings, including research and discovery services, pre-IND development services, and clinical...Show More