BaiCheng Medicine Technology Co., Ltd. (301096.SZ) has released its preliminary financial estimates for the first half of 2025, projecting a stark downturn in profitability. The company anticipates net profit attributable to shareholders to range between RMB 0 and RMB 6 million, reflecting a precipitous year-over-year decline of 95.53% to 100%.
This dramatic contraction stems from significantly reduced revenue recognition across key pharmaceutical research and development service segments. Concurrently, BaiCheng Pharma expects an adjusted net loss, excluding non-recurring items, of RMB 9 million to RMB 15 million for the same period.
Operational headwinds intensified throughout the reporting cycle, with delayed project milestones and heightened R&D expenditure contributing to the substantial earnings erosion. The pharmaceutical research firm faces mounting pressure to accelerate commercialization pipelines while managing escalating operational costs. Market analysts highlight that this performance signals potential challenges in translating BaiCheng's extensive service portfolio into sustainable profitability amid shifting industry dynamics.
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