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AIM Vaccine reduces losses by nearly 90% in 2024, with the iterative major product series opening up space for explosive growth in performance
AIM Vaccine Co., Ltd. (06660.HK), a leading PRC vaccine company, published its 2024 Annual Results announcement on March 30, 2025, the company recorded revenues of RMB 1,285 million in 2024, an increase of 8.2% compared to the previous year, with significant sales growth in its hepatitis B vaccine, hepatitis A vaccine, and quadrivalent meningococcal vaccine. The annual loss narrowed to RMB 278 million, demonstrating a substantial reduction of 85.7% in net losses, signaling a strong indication of
About this update from Aim Vaccine Co., Ltd. Class H
[{"type":"text","content":"HONG KONG, March 31, 2025 /PRNewswire/ -- AIM Vaccine Co., Ltd. (06660.HK), a leading PRC vaccine company, published its 2024 Annual Results announcement on March 30, 2025, the company recorded revenues of RMB 1,285 million in 2024, an increase of 8.2% compared to the previous year, with significant sales growth in its hepatitis B vaccine, hepatitis A vaccine, and quadrivalent meningococcal vaccine. The annual loss narrowed to RMB 278 million, demonstrating a substantial reduction of 85.7% in net losses, signaling a strong indication of an inflection point in performance.","length":578,"tagName":"p"},{"type":"text","content":"Loss Narrowing by Nearly 90% with Core Products Maintaining Steady Growth","length":73,"tagName":"p"},{"type":"text","content":"In the context of intensified competition in the domestic vaccine industry, AIM Vaccine's Hansen yeast recombinant hepatitis B vaccine saw an increase in sales revenue, standing firm against market downturns. This achievement holds significant meaning for AIM Vaccine.","length":272,"tagName":"p"},{"type":"text","content":"Since 2021, the company's performance has faced continuous pressure due to intensified competition for core products and asset impairments. Therefore, some analysts believe that the substantial narrowing of losses in 2024 not only validates the effectiveness of AIM's strategic adjustments but also provides a valuable window of time and funding for the commercialization of its subsequent R&D pipeline.","length":415,"tagName":"p"},{"type":"text","content":"Optimistic assessments from professional institutions corroborate AIM's actual development trends. According to a research report from Fosun International Securities, AIM's core products, the hepatitis B vaccine and rabies vaccine, are expected to enter a stable growth phase in 2025. Meanwhile, the launch of new-generation innovative products, including the serum-free rabies vaccine, the 13-valent pneumococcal conjugate vaccine, the quadrivalent meningococcal conjugate vaccine, as well as mRNA-based respiratory syncytial virus (RSV) and shingles vaccines, is anticipated in the next 2-3 years, driving the company toward leapfrog development and value reassessment.","length":679,"tagName":"p"},{"type":"text","content":"Three Iterative Major Vaccine Products Set to Launch, Driving Market Expan...