GenScript Biotech expects FY2025 adjusted net profit of USD 207.3-241.9 million

Reuters
Mar 10
<a href="https://laohu8.com/S/01548">GenScript</a> Biotech expects FY2025 adjusted net profit of USD 207.3-241.9 million

GenScript said adjusted net profit from continuing operations for FY2025 is expected at about USD 207.3 million to USD 241.9 million, versus about USD 59.8 million a year earlier. It expects license revenue of about USD 256.1 million to USD 298.8 million, compared with about USD 2.4 million in the prior period. The group expects a non-cash share of loss from Legend of about USD 304.4 million to USD 352.4 million and an impairment of its investment in Legend of about USD 378.2 million to USD 437.9 million. GenScript expects an FY2025 loss of about USD 505.8 million to USD 585.6 million, versus a profit of about USD 2.9 billion in the prior period.

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