WuXi AppTec Reports 12.5% Decrease in 2024 Profit

MT Newswires Live
03-18

WuXi AppTec Co (HKG:2359) reported a 12.5% decrease in attributable profit for 2024 to 9.35 billion yuan from 10.69 billion yuan a year earlier, according to a Monday filing with the Hong Kong Stock Exchange.

Earnings per share were 3.22 yuan, a 10.8% decrease compared with 3.64 yuan a year ago.

Revenue for the year fell 2.7% to 39.24 billion yuan from 40.34 billion yuan in the previous year.

The drug research and development company announced a final dividend of 0.98169 yuan per share and proposed a special dividend of 0.35 yuan per share.

Price (HKD): $68.10, Change: $+2.6, Percent Change: +4.05%

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