InnoCare Pharma Books Attributable Loss in Q3

MT Newswires Live
11 Nov 2024

InnoCare Pharma (HKG:9969, SHA:688428) recorded a net loss attributable to shareholders of 13.6 million yuan for the third quarter of the year, a Monday filing with the Hong Kong Exchange said.

Loss per share stood at 0.01 yuan for the three months ended Sept. 30.

The biopharmaceutical company's operating revenue for the third quarter was 278.0 million yuan, 73.96% higher than a year ago.

For the nine months ended Sept. 30, the company logged an attributable loss of 275.4 million yuan, a loss per share of 0.16 yuan, and 29.85% higher year-on-year operating revenue of 697.7 million.

The company's shares were up over 6% on Monday's close.

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