TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
WuXi XDC Cayman, Inc. ( (HK:2268) ) has shared an update.
WuXi XDC Cayman Inc. has announced a positive profit alert, projecting significant financial growth for the first half of 2025. The company expects over a 60% increase in revenue, more than a 67% rise in adjusted net profit before interest income and expense, and over a 50% increase in net profit compared to the same period in 2024. This growth is attributed to the sustained demand in the ADC and bioconjugate industry, the company’s market leadership, and improved operational efficiencies. These results highlight WuXi XDC’s strong industry positioning and potential for long-term sustainability and value creation.
The most recent analyst rating on (HK:2268) stock is a Hold with a HK$28.20 price target. To see the full list of analyst forecasts on WuXi XDC Cayman, Inc. stock, see the HK:2268 Stock Forecast page.
More about WuXi XDC Cayman, Inc.
WuXi XDC Cayman Inc. operates in the bioconjugate industry, focusing on antibody drug conjugates (ADC) and broader bioconjugate contract research, development, and manufacturing organization (CRDMO) services. The company is known for its market leadership and ability to capture a substantial share of the bioconjugate CRDMO market.
Average Trading Volume: 5,241,289
Technical Sentiment Signal: Buy
Current Market Cap: HK$59.55B
For detailed information about 2268 stock, go to TipRanks’ Stock Analysis page.