WuXi AppTec: Net profit rose 53.27% in the third quarter, continuously focusing on and strengthening the CRDMO business model.

WuXi AppTec: The net profit for the third quarter was 3.515 billion yuan, a year-on-year rise of 53.27%; the net profit for the first three quarters was 12.076 billion yuan, a year-on-year rise of 84.84%. This was mainly due to the company's continued focus and enhancement of the CRDMO business model, leading to a continuous rise in operating revenue, while also optimizing production processes and operational efficiency, and the rise in capacity efficiency driven by large projects in the late clinical and commercialization stages, which improved overall profitability; at the same time, the company's gains from selling part of its shares in the joint venture WuXi XDC Cayman Inc. further enhanced the company's profits.