Press Enter to search · ESC to close

US Stocks

WuXi AppTec Q1-Q3 2026 Revenue Rises 38.6% to RMB45.54B, Full-Year Guidance Raised

WuXi AppTec reported revenue of RMB45.54 billion for the first three quarters of 2026, up 38.6% year on year, with continuing-operations revenue up 46.3%. Profit attributable to shareholders of the parent reached RMB19.161 billion versus RMB11.802 billion a year earlier, and adjusted non-IFRS net profit came in at RMB18.3795 billion. The company raised its full-year revenue guidance to RMB61-61.9 billion from RMB58.5-60.5 billion, lifting the continuing-operations growth target to 40%-42% from 35%-39%.

Original source

AI take

The guidance raise matters more than the headline growth, because it signals management sees demand durability extending beyond the reported period rather than a one-off surge. The gap between reported and continuing-operations growth also points to portfolio changes distorting the top-line comparison, so the upgraded continuing-operations target is the cleaner read on the underlying business. For a sector still navigating geopolitical scrutiny of China-based CRDMO providers, this is a notable data point on pricing power and order flow. Whether the raised trajectory holds into the next reporting period is the open question.

Generated by AI for reference only.

Share

Related News

TREE NEWS share card
Long-press image above → Save to Photos / Share
Pitch us Feedback