WuXi AppTec predicts strong 2025 half-year growth driven by business and share buybacks
WuXi AppTec (SSE:603259) has announced a strong forecast for the first half of 2025, predicting a revenue increase of approximately 20.64% to RMB 2,079,928 million.
The company expects its net profit attributable to shareholders to climb by about 101.92% to RMB 856,088 million, significantly boosted by an investment gain of RMB 320,986 million from the sale of shares in an associate company.
Furthermore, WuXi AppTec's ongoing share repurchase program, conducted on the Shanghai Stock Exchange, shows consistent activity. On July 10, 2025, the company repurchased 283,300 A shares for RMB 71.28 per share, as part of its strategy to enhance shareholder value. This is consistent with previous daily buybacks detailed in the filings.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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