China’s drug maker WuXi AppTec reported record first-quarter revenue, as a robust order backlog and sustained demand from global pharmaceutical companies supported growth.For the three months ended March 31, the Shanghai- and Hong Kong-listed company posted revenue of 12.44 billion yuan (US$1.72 billion), up 28.81 per cent year on year, according to a filing released on Monday.Net profit climbed nearly 27 per cent to 4.65 billion yuan in the quarter. Both revenue and net profit exceeded market expectations of 10.78 billion yuan and 3.9 billion yuan, respectively.
SRCSouth China Morning Post
LANGEN
LEANCenter-Right
WORDS87
ENT4
MON · 2026-04-27 · 11:30 GMTBRIEF NSR-2026-0427-71988
NSR-2026-0427-71988News Report·EN·Economic Impact
WuXi AppTec posts record first-quarter revenue on strong global demand
WuXi AppTec, a Chinese pharmaceutical and drug development company, announced record first-quarter revenue for the period ending March 31. The company reported 12.44 billion yuan (US$1.72 billion) in revenue, a 28.81% increase year-on-year, driven by strong global demand from pharmaceutical clients and a substantial order backlog.
Themis QiSouth China Morning PostFiled 2026-04-27 · 11:30 GMTLean · Center-RightRead · 1 min
South China Morning PostFIG 01
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1min
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87words
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4entities
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WuXi AppTec, a Chinese pharmaceutical and drug development company, announced record first-quarter revenue for the period ending March 31. The company reported 12.44 billion yuan (US$1.72 billion) in revenue, a 28.81% increase year-on-year, driven by strong global demand from pharmaceutical clients and a substantial order backlog. Net profit also saw significant growth, rising nearly 27% to 4.65 billion yuan. These financial results surpassed market expectations for both revenue and net profit. The company's performance indicates sustained growth in the global pharmaceutical sector.
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net profit climbed nearly 27 per cent to 4.65 billion yuan
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28.81 per cent year on year increase in revenue
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revenue of 12.44 billion yuan (US$1.72 billion)
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8 termsfirst-quarter revenue
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wuxi apptec
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global demand
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pharmaceutical companies
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record revenue
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net profit
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order backlog
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market expectations
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