Alphamab Oncology's Loss Widens in H1 as Other Gains Plunge; Shares Jump 7%

MT Newswires Live08-16

Alphamab Oncology's (HKG:9966) loss widened to 44.9 million yuan in the first half from 40.4 million yuan in the year-ago period, according to a Thursday filing with the Hong Kong Stock Exchange.

Loss per share at the biopharmaceutical company widened to 0.05 yuan from 0.04 yuan in the previous year.

Revenue grew to 173.6 million yuan from 136.5 million yuan a year earlier. Other gains plunged to 7.3 million yuan from 48.8 million yuan a year earlier.

Shares surged 7% during Friday's afternoon trading.

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