Zai Lab (HKG:9688) reported $50.4 million net loss for the fourth quarter of 2025, narrowing from a loss of $81.7 million a year earlier, according to a Hong Kong bourse filing Thursday.
Shares of the company gained over 2% in late morning trade Friday.
Loss per share was $0.05, compared with $0.08 in the year-ago quarter.
Revenue jumped 17% year on year to $127.6 million, figures showed.