HitGen Inc. ARevenue and net profit both rose strongly, with growth across all segments.

Chengdu HitGen released its 2026 interim report on August 26. During the reporting period, the company achieved operating revenue of 346 million yuan, up 52.41 percent year on year. Net profit attributable to the parent company was 80.68 million yuan, up 61.21 percent. Net profit after deducting non-recurring items was 76.98 million yuan, up 42.80 percent. The performance growth was mainly driven by a recovery in global demand for innovative drug research and development and strong growth across business segments. The DEL business, as the cornerstone, recorded revenue of 166 million yuan, up 62.14 percent year on year, with gross margin maintained at 77.43 percent. The OBT segment posted revenue of 54.03 million yuan, a sharp increase of 94.03 percent. The FBDD and SBDD segment led by the UK subsidiary Vernalis recorded revenue of 85.09 million yuan, up 30.43 percent. In addition, Motian Intelligence, which was consolidated as a controlling stake at the end of 2025, contributed data service revenue of 15.44 million yuan, becoming a new growth driver. The company's net cash flow from operating activities was 121 million yuan, up 9.44 percent year on year. However, affected by the appreciation of the renminbi, the company incurred exchange losses of about 14.17 million yuan during the period. Looking ahead, the company faces exchange rate fluctuation risks and goodwill impairment pressure, and needs to monitor the order conversion efficiency of the DEL and OBT segments as well as the clinical progress of proprietary pipeline projects such as HG146.
HitGen Inc. ARevenue and net profit both rose strongly, with growth across all segments.