Ascletis Pharma's Attributable Loss Widens in 2024 as Revenue Plummets

MT Newswires Live

2025/03/27

Ascletis Pharma's (HKG:1672) attributed losses in 2024 widened year on year to 300.9 million yuan or 0.3005 yuan per share from 144.7 million yuan or 0.1347 yuan per share, according to a Hong Kong Stock Exchange disclosure on Wednesday.

The biotechnology company's revenue plummeted to 1.3 million yuan from 56.6 million yuan a year earlier.

The company's shares closed 10% lower.

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