Earnings Call Summary | YS Biopharma(YS.US) Q3 2024 Earnings Conference
Earnings Call Summary | YS Biopharma(YS.US) Q3 2024 Earnings Conference
The following is a summary of the YS Biopharma Co., Ltd. (YS) Q3 2024 Earnings Call Transcript:
Financial Performance:
YS Biopharma reported a total revenue of RMB 438.1 million for the first nine months of fiscal year 2024, a year-over-year decrease by 24.6% due to supply chain disruptions.
Net loss of RMB 260 million was recorded for the same period.
The company projects double-digit growth in product sales for the end of fiscal year 2024 and throughout 2025.
Business Progress:
YS Biopharma successfully addressed inventory issues and balanced their strategy to meet market demands.
The company continues to strengthen relationships with CDC customers in China, constituting more than 6% of their network.
Priority placed on pre-clinical and clinical pipeline across all subsidiaries in the US, China, and Singapore.
Successful results from the Phase III trial of their PIKA rabies vaccine show potential for faster production and improved regimen.
The company plans to conduct a Phase 1 study for their Hepatitis B vaccine.
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
The following is a summary of the YS Biopharma Co., Ltd. (YS) Q3 2024 Earnings Call Transcript:
以下是美國生物製藥有限公司(YS)2024年第三季度業績電話會議記錄摘要:
Financial Performance:
財務業績:
YS Biopharma reported a total revenue of RMB 438.1 million for the first nine months of fiscal year 2024, a year-over-year decrease by 24.6% due to supply chain disruptions.
Net loss of RMB 260 million was recorded for the same period.
The company projects double-digit growth in product sales for the end of fiscal year 2024 and throughout 2025.
YS Biopharma報告稱,2024財年前九個月的總收入爲4.381億元人民幣,由於供應鏈中斷,同比下降24.6%。
同期淨虧損爲人民幣2.6億元。
該公司預計,到2024財年末和整個2025年,產品銷售將實現兩位數的增長。
Business Progress:
業務進展:
YS Biopharma successfully addressed inventory issues and balanced their strategy to meet market demands.
The company continues to strengthen relationships with CDC customers in China, constituting more than 6% of their network.
Priority placed on pre-clinical and clinical pipeline across all subsidiaries in the US, China, and Singapore.
Successful results from the Phase III trial of their PIKA rabies vaccine show potential for faster production and improved regimen.
The company plans to conduct a Phase 1 study for their Hepatitis B vaccine.
YS Biopharma成功解決了庫存問題並平衡了戰略以滿足市場需求。
該公司繼續加強與中國CDC客戶的關係,佔其網絡的6%以上。
優先考慮美國、中國和新加坡所有子公司的臨床前和臨床產品線。
他們的PIKA狂犬病疫苗三期試驗的成功結果表明,有可能加快生產速度和改善治療方案。
該公司計劃對其乙型肝炎疫苗進行1期研究。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。
譯文內容由第三人軟體翻譯。
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