Shanghai Medicilon IncRecovery of global demand for innovative drug R&D drives revenue growth and profit turnaround.

Medicilon disclosed an earnings forecast, expecting net profit attributable to the parent for the first half of 2026 to be between 42 million and 63 million yuan, compared to a loss of 12.8984 million yuan in the same period last year, achieving a turnaround to profit year-on-year. The company expects revenue for the same period to grow about 40 percent year-on-year, with non-recurring net profit between 35 million and 52.5 million yuan, compared to a loss of 26.7304 million yuan in the same period last year. The improvement in performance is mainly due to the recovery of global demand for innovative drug research and development, with business volume and pricing improving in tandem, ample order reserves, as well as increased capacity utilization reducing fixed costs, and measures to improve quality and efficiency boosting human efficiency, all contributing to a rise in overall gross margin.
Shanghai Medicilon IncRecovery of global demand for innovative drug R&D drives revenue growth and profit turnaround.