---
title: "Hualan Vac: 2024 net profit is expected to decrease by 70.93% to 76.74% year-on-year"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/225169458.md"
description: "Hualan Vac expects its net profit in 2024 to decline by 70.93% year-on-year to between 200 million and 250 million yuan. The main reasons include a price reduction of over 40% for the quadrivalent influenza vaccine, changes in vaccination rates, a decline in market demand, and a decrease in sales, all of which have led to a significant decline in the company's performance"
datetime: "2025-01-16T09:01:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/225169458.md)
  - [en](https://longbridge.com/en/news/225169458.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/225169458.md)
generator: "portal-rs"
---

# Hualan Vac: 2024 net profit is expected to decrease by 70.93% to 76.74% year-on-year

Hualan Vac announced on the evening of January 16 that it expects to achieve a net profit attributable to shareholders of the listed company of 200 million to 250 million yuan in 2024, a year-on-year decrease of 76.74% to 70.93%. In June 2024, the company adjusted the prices of its quadrivalent influenza vaccine products, with the prices of major products reduced by more than 40%. In addition, in 2024, the company's business development and profitability were significantly impacted by multiple factors, including changes in public vaccination rates, a decline in vaccine market demand, and reduced sales, leading to a significant decline in the company's performance for the year

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**