OPM Biosciences first-half results surge, CRO business becomes second growth curve

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โดย 科创板日报·CN·Read original
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OPM Biosciences released its half-year report, with both revenue and net profit rising sharply in the first half. Operating revenue reached 454 million yuan, up 155.24 percent year on year, while net profit attributable to the parent company was 124 million yuan, up 230.34 percent. The improvement was mainly driven by growth in the cell culture products business, whose revenue rose 34 percent year on year, while Pengli Biotech has been included in the consolidated statements since January this year, contributing 222 million yuan in revenue. OPM Biosciences also added a preclinical research CRO business this year, mainly because the company completed the acquisition and consolidation of Pengli Biotech in January. The preclinical drug CRO business achieved revenue of 182 million yuan, accounting for 40.11 percent of total revenue and becoming another major revenue pillar for the company. The company cautioned that price fluctuations in raw materials such as laboratory monkeys could have an adverse impact on operations.

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Pengli Biotech was consolidated from January and contributed 222 million yuan in revenue, with its preclinical CRO business adding 182 million yuan.

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