B · Normal
[WuXi AppTec: Net profit in the first three quarters increased by 60.64% year-on-year] On October 26, WuXi AppTec (603259.SH) announced that its operating income in the third quarter was 16.64 billion yuan, a year-on-year increase of 38.01%; the net profit attributable to shareholders of listed companies was 8.318 billion yuan, a year-on-year increase of 136.67%. In the first three quarters, operating income was 45.537 billion yuan, a year-on-year increase of 38.59%; net profit attributable to shareholders of listed companies was 19.398 billion yuan, a year-on-year increase of 60.64%. The performance growth is mainly due to the company's continued focus on the CRDMO business model, the increase in the proportion of late-stage and commercial projects, the increase in gross profit brought about by the increase in volume and price of early-stage business, and the continued emergence of scale benefits brought by superimposed lean operations. Xiaocai Note: The company’s Q3 net profit was 8.318 billion and Q2 net profit was 6.429 billion. Based on this calculation, Q3 net profit increased by 29% month-on-month.
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