ADICON Holdings Reports Mixed 2024 Interim Results

ADICON Holdings Limited (HK:9860) has released an update.

ADICON Holdings Limited, a leading ICL service provider in China, has released its unaudited interim financial results for the first half of 2024, revealing a decrease in revenue by 10.9% and gross profit by 21.9% compared to the same period in 2023. Despite these declines, the company achieved over 10% growth in its base business revenue, excluding COVID-19 related services, with esoteric testing services growing by over 30%. The company attributes part of this growth to its collaboration with Guardant Health and its strategic initiatives like collaborative laboratory partnerships.

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