Shanghai Junshi Biosciences Forecasts Slimmer Loss in 2024

MT Newswires Live

2025/01/20

Shanghai Junshi Biosciences (HKG:1877, SHA:688180) expects an attributable loss of a little over 1.29 billion yuan for the year 2024, down 43% from 2.28 billion yuan a year prior, a Friday Hong Kong bourse filing said.

The pharmaceutical company attributed the anticipated lower loss mainly to higher operating income amid a rise in revenue from the sale of commercialized products, as well as expansion in its global commercialization network.

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