Joinn Laboratories' first-half net profit attributable to parent surges 1126.8% year on year to 748 million yuan

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Joinn Laboratories released its 2026 interim report, showing first-half net profit attributable to the parent surged 1126.8% year on year to 748 million yuan, while operating revenue rose 5.3% to 704 million yuan. Second-quarter net profit attributable to the parent came in at 509 million yuan, up 2469.8% year on year, and non-GAAP net profit attributable to the parent swung from a loss of 2.61 million yuan a year earlier to a profit of 481 million yuan. As of the end of the second quarter, total assets stood at 10.826 billion yuan, up 11.8% from the end of the previous year, and net assets attributable to the parent reached 8.975 billion yuan, an increase of 7.8%. The company's order backlog was approximately 3.7 billion yuan, up 60.9% year on year, while newly signed orders totaled about 2.02 billion yuan, up 98.0%, with contracted volumes for antibody, small nucleic acid, peptide, and nucleic acid drug projects rising sharply year on year. The company has built a team of more than 2,500 people and added over 100 core technical staff to support continued business development.

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