RemeGen's (HKG:9995, SHA:688331) attributable loss narrowed to 1.47 billion yuan in 2024 from 1.51 billion yuan in 2023, according to a Thursday filing with the Hong Kong Exchange.
Loss per share at the biopharmaceutical company narrowed to 2.73 yuan from 2.80 yuan in the previous year. Analysts at Visible Alpha estimated loss per share of 2.50 yuan.
Revenue increased 58% to 1.72 billion yuan from 1.08 billion yuan a year earlier, in line with Visible Alpha estimates.