WUXI APPTEC Surpasses 10 Billion Yuan in First-Half Profit, Order Book Surges Over 25% as CRDMO Model Gains Momentum

Stock News
Aug 03

On the evening of August 3, 2026, WUXI APPTEC (02359/603259) released its interim results. The company's second-quarter revenue exceeded 16.4 billion yuan, with both quarterly revenue and profit reaching historic highs. More significantly, the company's profits under all three major metrics surpassed the 10 billion yuan mark in the first half, marking the first time it has achieved a 100 billion yuan profit scale in a half-year period.

This sustained growth momentum is driven by a strong surge in orders. As of the end of the reporting period, WUXI APPTEC's order book for continuing operations surpassed 66.4 billion yuan. This substantial order backlog not only locks in a high degree of certainty for achieving the full-year performance targets but also fully demonstrates the powerful conversion capability of its integrated CRDMO platform.

WUXI APPTEC stated that the strong first-half performance was driven by the greater success of multiple customer products and the CRDMO model. At the same time, the company has significantly raised its full-year guidance. Full-year total revenue has been revised upward from 51.3-53 billion yuan to 58.5-60.5 billion yuan, and adjusted free cash flow has been increased from 10.5-11.5 billion yuan to 13.5-14.5 billion yuan.

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