RECBIO-B's stock price plummeted 25% during intraday trading on Wednesday, following the release of the company's annual financial results for 2025.
The biopharmaceutical company reported a loss attributable to shareholders of 610 million yuan, representing an 8.54% increase compared to the previous year. While the company generated its first revenue of 12.7 million yuan after reporting nil revenue in 2024, the significantly widening loss appears to have disappointed investors.
RECBIO-B's loss per share came in at 1.15 yuan. The company highlighted its portfolio of more than 10 vaccine candidates, including strategic products like its novel adjuvant recombinant shingles vaccine and recombinant nine-valent HPV vaccine, but the substantial annual loss overshadowed these development updates in today's trading session.
Comments