FilingReader Intelligence

Walvax Bio reports lower profit, sets dividend amid strategic shifts

April 11, 2025 at 05:55 PM UTCBy FilingReader AI

Walvax Biotechnology (SZSE:300142) reported a FY2024 net profit of CNY 142.16 million, a 66.10% decrease year-over-year, citing decreased domestic sales, lower market prices on key products, inventory write-offs, and organizational changes. The company announced a cash dividend of CNY 0.10 per 10 shares, allocating CNY 15.99 million for distribution.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SZSE:300142Shenzhen Stock Exchange
Pharmaceuticals

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