07:40
WuXi AppTec: Net profit rose 53.27% in the third quarter, continuously focusing on and strengthening the CRDMO business model.
WuXi AppTec: In the third quarter, the net profit was 3.515 billion yuan, a year-on-year increase of 53.27%; in the first three quarters, the net profit was 12.076 billion yuan, a year-on-year increase of 84.84%. This is mainly due to the company's continued focus and strengthening of the CRDMO business model, with continuous growth in operating income, as well as ongoing optimization of production processes and operational efficiency, and the increase in capacity efficiency brought by large projects in the late clinical stage and commercialization, which improved overall profitability; at the same time, the company sold part of its shares in the joint venture WuXi XDC Cayman Inc., further boosting the company's profits.

