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<Results>WUXI BIO Annual NP Dips 1.3% to RMB3.36B; Nil Div.
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WUXI BIO (02269.HK) announced its full-year results for the period ending December 2024. Revenue amounted to RMB18.675 billion, up 9.6% YoY. It recorded a net profit of RMB3.356 billion, down 1.3% YoY, with an EPS of RMB0.82. No final dividend was declared, consistent with that in the same period of last year.

During the period, gross profit added 12.1% YoY to RMB7.65 billion, with the gross profit margin gaining from 40.1% in the same period of last year to 41%. The increases were mainly due to the efficiency improvements driven from WBS and digitalization, and also the improvements of the ramp-up impacts from the recently commissioned facilities in Europe and the U.S. as expected.

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