WuXi AppTec Issues Positive Profit Alert for the First Half of 2025
Rhea-AI Summary
WuXi AppTec (WUXAY), a global pharmaceutical and life sciences technology platform company, has released a positive profit alert for H1 2025. The company expects total revenue of RMB20.80 billion, up 20.6% year-over-year, with revenue from Continuing Operations growing 24.2%.
Key financial highlights include an expected adjusted non-IFRS net profit of RMB6.31 billion (up 44.4% YoY), net profit after non-recurring items of RMB5.58 billion (up 26.5% YoY), and net profit attributable to owners of RMB8.56 billion (up 101.9% YoY). Basic earnings per share is projected at RMB3.01, representing a 106.2% increase.
Positive
- Total revenue growth of 20.6% YoY to RMB20.80 billion
- Adjusted non-IFRS net profit surge of 44.4% YoY to RMB6.31 billion
- Impressive 101.9% YoY increase in net profit attributable to owners
- Strong 106.2% YoY growth in basic earnings per share to RMB3.01
- Continuing Operations showing robust 24.2% YoY revenue growth
Negative
- Growth rate impacted by exchange rate fluctuations
News Market Reaction
On the day this news was published, WUXAY gained 6.59%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Important notice of the announcement are as follows:
WuXi AppTec maintains a laser focus on the Company's unique, integrated and end-to-end CRDMO (Contract Research, Development and Manufacturing Organization) business model. In response to customers' ongoing demand for enabling services, the Company continues to enhance its capabilities and capacity, optimize production processes and improve operating efficiency. These factors are driving sustained long-term business growth, delivering highly efficient and exceptional services to customers and helping to bring groundbreaking therapies to patients worldwide.
- Total revenue for the first half of 2025 is expected to be approximately
RMB20.80 billion , representing a year-over-year increase of approximately20.6% , with revenue from Continuing Operations growing by approximately24.2% year-over-year. - Adjusted non-IFRS net profit for the first half of 2025 is expected to be approximately
RMB6.31 billion , representing a year-over-year increase of approximately44.4% . - Net profit after deducting non-recurring items[1] for the first half of 2025 is expected to be approximately
RMB5.58 billion , representing a year-over-year increase of approximately26.5% . The growth rate compared to the adjusted non-IFRS net profit is mainly affected by exchange rate fluctuations. - Net profit attributable to the owners of the Company[1] for the first half of 2025 is expected to be approximately
RMB8.56 billion , representing a year-over-year increase of approximately101.9% , which includes the gain on partial disposal of associates. Basic earnings per share for the first half of 2025 is expected to be approximatelyRMB3.01 , representing a year-over-year increase of approximately106.2% .
WuXi AppTec will provide additional details when the Company releases its results for the first half of 2025 on July 29, 2025.
For more information, please refer to the Company's related announcements: Positive Profit Alert.
[1] Net profit after deducting non-recurring items and net profit attributable to the owners of the Company are both prepared in accordance with China Accounting Standards for Business Enterprises (CAS).
About WuXi AppTec
WuXi AppTec is a trusted partner and contributor to the pharmaceutical and life sciences industries, providing R&D and manufacturing services that help advance healthcare innovation. With operations across