Akeso Swings to Loss in 2024

MT Newswires Live
31 Mar

Akeso (HKG:9926) swung to an attributable loss of 514.5 million yuan in 2024 from a profit of 2.03 billion yuan in 2023, according to a Sunday filing with the Hong Kong bourse.

The biopharmaceuticals producer swung to a loss per share of 0.60 yuan from earnings per share of 2.42 yuan in the previous year.

Revenue declined 53% to 2.12 billion yuan from 4.53 billion yuan a year earlier.

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