Abbisko Cayman Turns to 2024 Profit

MT Newswires Live
04 Mar

Abbisko Cayman (HKG:2256) recorded a profit of 28.3 million yuan for the year 2024, compared with a loss of 431.6 million yuan in the year-ago period, a Monday filing with the Hong Kong bourse stated.

Earnings per share were 0.04 yuan in the year, while the company had incurred a loss per share of 0.67 yuan in the corresponding period last year.

The drugmaker's revenue rose by 2,544% year over year to 504 million yuan from 19.1 million yuan a year prior.

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