WuXi AppTec's Q3 Profit Falls 17%; Hong Kong Shares Rise 4%

MT Newswires Live

2024/10/29

WuXi AppTec's (HKG:2359, SHA:603259) attributable profit fell 17% year over year to 2.29 billion yuan in the third quarter, according to a Monday filing with the Hong Kong Stock Exchange.

Earnings per share at the biotechnology company decreased 16% year over year to 0.79 yuan.

Operating income declined 2% year over year to 10.5 billion yuan.

Shares rose 4% in Hong Kong during Tuesday's trading.

Price (HKD): $54.80, Change: $+2.1, Percent Change: +3.89%

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