Summary by Moomoo AI
WuXi Biologics (Pharmaceutical Biologics) published its 2023 Annual Report on April 23, 2024. The report showed that the company's revenue reached RMB17,034.3 million in 2023, an increase of 11.6% compared to 2022. Gross profit increased by 1.5% to RMB6,827.9 million. However, profit attributable to shareholders fell 23.1% to RMB3,399.7 million. Comprehensive income attributable to shareholders for the full year was RMB3,190.9 million. The Board of Directors has not proposed the distribution of a final dividend for the year ended 31 December 2023. The change in share capital includes the repurchase of 34,769,000 shares. The company maintains a high standard of corporate governance and the Board of Directors leads and supervises the company's affairs. AUDIT HIGHLIGHTS INCLUDE REVENUE CONFIRMATION OF CRDMO CONTRACTS AND A REPUTATIONAL IMPAIRMENT ASSESSMENT OF SUZHOU BIO SUBSIDIARIES. The company has...Show More