Movement Alert|3SBIO Rises 5.58% in Regular Trading, H1 Adjusted Profit Up 26.5% and New Drug Approval Boost Sentiment

Market Focus
Aug 21

On August 21, 3SBIO rose 5.58% in regular trading, trading at HKD 17.45/share, with turnover of HKD 198 million.

On the news front, the company released its H1 interim results on August 20, reporting revenue of RMB 4.53 billion, up 3.9% year-over-year. While attributable net profit declined 15.6% to RMB 1.15 billion, the adjusted operating attributable net profit rose 26.5% to RMB 1.44 billion. Overseas product sales surged 43% year-over-year, with core products securing marketing approvals across 23 countries globally. R&D expenditure increased 24.9% to RMB 680 million, reflecting the company's commitment to innovation-driven growth. Additionally, China's National Medical Products Administration officially approved the company's non-steroidal anti-inflammatory drug application on August 20, further strengthening its competitive positioning in the anti-inflammatory and analgesic segment. The company reported financial resources of RMB 19.4 billion, providing a solid foundation for continued R&D investment and strategic expansion.

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