WuXi AppTec Reports Q1 Revenue Growth and Strong Earnings
WuXi AppTec (WUXAY) reported Q1 revenue of RMB 12.44 billion, a 28.9% year-over-year increase, along with a GAAP EPS of RMB1.58. The company also saw a 71.7% rise in adjusted non-IFRS net profit to RMB 4.60 billion and a 23.6% increase in backlog for continuing operations to RMB 59.77 billion.
