Genscript Biotech's H1 Loss Widens

MT Newswires Live08-12

Genscript Biotech's (HKG:1548) attributable loss widened to $175.1 million in the first half from $93.6 million in the year-ago period, according to a Friday filing with the Hong Kong Stock Exchange.

Loss per share at the biopharmaceutical company widened to $0.0827 from $0.0444 in the previous year. Analysts at Visible Alpha estimated loss per share at $0.04.

Revenue grew to $561.4 million from $391.3 million a year earlier. Visible Alpha analysts forecast revenue at $540.1 million.

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