Zhengye Biotechnology Reports Decline in Net Revenues to RMB 186.4 Million for 2024, Down from RMB 211.7 Million in 2023

Reuters
07-03
<a href="https://laohu8.com/S/ZYBT">Zhengye Biotechnology</a> Reports Decline in Net Revenues to RMB 186.4 Million for 2024, Down from RMB 211.7 Million in 2023

Zhengye Biotechnology Holding Ltd. has released its financial results for the fiscal year ending December 31, 2024. The company reported net revenues of RMB 186.356 million ($25.531 million), marking a decrease from RMB 211.651 million in 2023 and RMB 260.269 million in 2022. The cost of revenues for 2024 was RMB 95.061 million ($13.023 million), compared to RMB 94.143 million in the previous year and RMB 112.390 million in 2022. The company, which specializes in veterinary vaccines with a focus on livestock, has not indicated any trends or uncertainties that might materially affect its financial condition or operations in the future. Zhengye Biotechnology emphasizes that its operating results for any given period are not necessarily indicative of future outcomes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zhengye Biotechnology Holding Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-061202), on July 03, 2025, and is solely responsible for the information contained therein.

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