Innogen Pharmaceutical Forecasts Wider 2025 Loss

MT Newswires Live

03/18

Guangzhou Innogen Pharmaceutical (HKG:2591) expects a net loss of about 341.4 million yuan for 2025, widening from a loss of about 174.7 million yuan a year earlier, according to a Wednesday Hong Kong bourse filing.

The pharmaceutical company said the wider loss was mainly due to higher research and development spending and increased selling and distribution expenses related to the product's launch and sales expansion.

The company is expected to announce financial results on March 23.

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