Wuxi Apptec Co.Ltd(603259) 410 released the announcement of pre increase of performance in the first quarter. The company expects to achieve an operating revenue of about 8.474 billion yuan in the first quarter of 2022, with a year-on-year increase of about 71.18%, exceeding the 65% to 68% expected revenue growth rate in the first quarter previously announced by the company; The net profit attributable to the shareholders of the listed company was about 1.643 billion yuan, a year-on-year increase of about 9.54%; The net profit after deducting non-profit was about 1.714 billion yuan, with a year-on-year increase of about 106.52%.
The company expects the adjusted net profit attributable to shareholders of listed companies under non IFRS in the first quarter to be about 2.053 billion yuan, with a year-on-year increase of about 85.82%.
The company said that the operating income in the first quarter, excluding the impact of exchange rate, was calculated with a constant exchange rate, with an increase of about 78.47% over the same period last year. Under the continuous and repeated impact of the epidemic, the company timely launched the business continuity plan to ensure the continuous stability of production and operation, so as to meet the needs of timely delivery of customers’ orders, continuously empower global customers and benefit global patients.
In addition, the growth of net profit and basic earnings per share in the first quarter was mainly affected by the changes in the fair value of the company’s investment object and investment income. It is estimated that the net loss in this period is about 179 million yuan, and the net income in the same period of last year is 1.062 billion yuan.
Wuxi Apptec Co.Ltd(603259) by continuously optimizing the operation efficiency, the capacity utilization rate has been continuously improved and the scale effect has been further revealed. The company’s net profit after deduction in the first quarter and the adjusted net profit attributable to shareholders of listed companies under IFRS significantly exceeded the growth rate of revenue. The company believes that the adjusted financial indicators are helpful to understand and evaluate the company’s business performance and operating trend.
