BUZZ-HK-listed HUTCHMED jumps on 2024 profit beat

Reuters

2025/03/20

** Pharmaceuticals group HUTCHMED (China) 0013.HK jumps 10.7% to HK$26.45, highest since March 7

** Stock set for biggest one-day pct rise since March 13, 2024; third-biggest pct gainer on healthcare index .HSCIH, which is up 0.5%

** Co's 2024 net income attributable came in at $37.73 mln vs $100.78 mln in 2023

** Analysts on avg had forecast loss of $58.57 mln

** Jefferies ("buy") says co's FY24 profitability ahead of guidance

** YTD, stock up 16%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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