"Performance" LEPU BIO turned a loss into a profit of 261 million RMB for the whole year, achieving profitability in its first year
LEPU BIO-B (02157.HK) announced its full-year results for the year ended last December, with a revenue of RMB 935 million, an increase of 154.2% year-on-year. It turned a loss into a profit of RMB 261 million, achieving profitability in its first year, compared to a loss of RMB 411 million in the same period last year; earnings per share were RMB 0.15. No dividend was declared.
Under non-International Financial Reporting Standards measurement, LEPU BIO approached breakeven last year, recording an adjusted net loss of approximately RMB 30.6 million
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