Asymchem Laboratories (06821) rose more than 7%, with the stock up 7.85% to HK$99.65 at the time of reporting, generating a turnover of HK$72.12 million.
The company's first-quarter results showed revenue of RMB 1.802 billion, a year-on-year increase of 16.91%. Adjusted net profit attributable to shareholders reached RMB 423 million, up 27.91% year-on-year.
Breaking down by business segment, first-quarter revenue from small-molecule CDMO services was RMB 1.2 billion, a slight increase of 0.43% year-on-year, or 3.26% growth at constant exchange rates. Revenue from emerging businesses surged to RMB 598 million, a significant 74.07% year-on-year increase, primarily driven by strong growth in the chemical macromolecule and biological macromolecule segments.
Analysts noted that despite challenges from currency fluctuations and a high comparison base for the small-molecule business, the company delivered a robust and better-than-expected profit growth in the first fiscal quarter of 2026. This performance reflects sustained high demand for orders in its emerging businesses and improved operational efficiency. The expansion of late-stage order volumes in high-growth sectors and proactive strategic investments are expected to underpin strong certainty for long-term, high-level growth.
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