Zai Lab Shrinks Loss in Q1 as Revenue Jumps 22%

MT Newswires Live

2025/05/09

Zai Lab (HKG:9688) shrank its net loss in the first quarter to $48.4 million from $53.5 million in the year-ago period, a Thursday Hong Kong bourse filing said.

Loss per share stood at $0.04 for the three months, down from $0.05 in the corresponding period last year.

The biopharmaceutical company saw its revenue for the quarter rise 22% to $106.5 million from $87.1 million a year prior.

The lower loss was mainly due to product revenue growing faster than net operating expenses.

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