WUXI APPTEC Swells 6%+ as Interim NP Falls 20% YoY

　　WUXI APPTEC (02359.HK) +1.350 (+4.696%) Short selling $8.86M; Ratio 7.301% opened 2.96% higher today (30th), and once escalated 6.96% to a high of $30.75 in the morning session. The stock last printed at $30.55, up 6.26%, with 2.2202 million shares traded, involving $66.9241 million.

　　The Company recorded an interim revenue of RMB17.241 billion, down 8.6% YoY. Net profit amounted to RMB4.24 billion, representing a decline of 20.2%. EPS was RMB1.46. No interim dividend was declared.

　　Gross profit margin narrowed from 40% to 38.9%, due primarily to changes in the portfolio mix and market impact. Adjusted non-IFRS net profit amounted to RMB4.372 billion, falling 14.2%.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-07-29 16:25.)