Cspc Innovation Pharmaceutical Co., Ltd. Class ASZSE: 300765

CSPC Innovation Pharmaceutical: Revenue up, but net loss driven by R&D surge; biopharma growth and global deals highlight H1

· Issued by Cspc Innovation Pharmaceutical Co., Ltd. Class A

Revenue grew 7.99% year-over-year to ¥1.05 billion, but the company swung to a net loss due to higher R&D spending and increased costs. Biopharmaceuticals saw strong new product momentum and international deals, while functional foods remained stable.

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