On August 25, WUXI XDC rose 5.73% in regular trading, trading at HKD 74.2/share, with turnover of HKD 175 million. The rally comes after the company released strong H1 interim results on August 24.
WUXI XDC reported H1 revenue of RMB 3.701 billion, up 37.0% YoY (41.5% on a constant exchange rate basis). Gross profit reached RMB 1.371 billion, rising 40.6% with gross margin expanding from 36.1% to 37.0%. Adjusted net profit attributable to shareholders climbed to RMB 1.027 billion, up 37.4% YoY, with adjusted net margin edging higher to 27.8%. The company held RMB 5.218 billion in cash and term deposits as of period-end.
Additionally, the company recently announced its Singapore BCM3 dual-function production line successfully completed GMP clearance, marking a new phase in its global capacity buildout to support clients' commercialization needs alongside existing Wuxi-based BCM1 and BCM2 lines.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)