Asymchem's first-half revenue rises but profit falls; backlog grows over 50% year on year

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Asymchem released its 2025 first-half results. Affected by exchange-rate fluctuations, revenue rose while profit fell, but total backlog grew 53.77% year on year. In the first half, the company achieved operating revenue of 3.607 billion yuan, up 13.13% year on year; net profit attributable to the parent was 520 million yuan, down 15.71%; and non-GAAP net profit was 525 million yuan, down 7.30%. Excluding currency effects, operating revenue under constant exchange rates rose 16.20% year on year, and adjusted net profit was 753 million yuan, up 12.90%. Revenue from emerging businesses was 1.304 billion yuan, up 72.49% year on year, with its share of operating revenue rising to 36.16%. Within that, chemical macromolecule CDMO revenue was 736 million yuan, up 94.14% year on year, and biological macromolecule CDMO revenue was 200 million yuan, up 122.82%. The company expects full-year 2026 operating revenue to grow by 19% to 22%.

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