RemeGen Posts Loss in Q3; Shanghai Shares Rise 4%

MT Newswires Live

2024/10/30

RemeGen (HKG:9995, SHA:688331) reported a net loss attributable to shareholders of 291.0 million yuan for the quarter ended Sept. 30, according to a Tuesday filing with the Hong Kong bourse.

The loss per share for the quarter was 0.54 yuan.

Revenue was 467.1 million yuan, a 34.60% increase from the prior-year quarter.

Hong Kong shares of the biopharmaceutical company gained 3% in morning trade Wednesday, while its Shanghai shares gained nearly 4%.

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