--- title: "Ascentage Pharma: Revenue up 29%, but net loss widened on higher R&D and selling costs; cash reserves declined" type: "News" locale: "en" url: "https://longbridge.com/en/news/296409508.md" description: "Revenue grew 29.3% year-over-year to RMB302.2 million, driven by strong product sales, while net loss widened to RMB817.0 million due to increased R&D and selling expenses. Cash reserves declined as investments in clinical trials and commercialization expanded, with strategic leadership appointments and pipeline progress supporting future growth.Original document: Ascentage Pharma Group International [6855] Earnings Release — Aug. 20 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source." datetime: "2026-08-19T23:09:32.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296409508.md) - [en](https://longbridge.com/en/news/296409508.md) - [zh-HK](https://longbridge.com/zh-HK/news/296409508.md) generator: "portal-rs" --- # Ascentage Pharma: Revenue up 29%, but net loss widened on higher R&D and selling costs; cash reserves declined Revenue grew 29.3% year-over-year to RMB302.2 million, driven by strong product sales, while net loss widened to RMB817.0 million due to increased R&D and selling expenses. Cash reserves declined as investments in clinical trials and commercialization expanded, with strategic leadership appointments and pipeline progress supporting future growth. Original document: Ascentage Pharma Group International \[6855\] Earnings Release — Aug. 20 2026 **Disclaimer** This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source. ### Related Stocks - [AAPG.US](https://longbridge.com/en/quote/AAPG.US.md) - [06855.HK](https://longbridge.com/en/quote/06855.HK.md) - [AAPGV.US](https://longbridge.com/en/quote/AAPGV.US.md) ## Related News & Research - [Ascentage Pharma Reports 2026 Interim Unaudited Financial Results and Provides Business Updates | AAPG Stock News](https://longbridge.com/en/news/296408912.md) - [ASCENTAGE 1H26 Loss Widens to RMB817 million; No Interim Dividend](https://longbridge.com/en/news/296423848.md) - [AI Was Supposed to Kill Wix. Google Just Gave It a Way to Fight Back.](https://longbridge.com/en/news/297433684.md) - [AI Winners, Victims, and the One Stock to Sell Now](https://longbridge.com/en/news/297431483.md) - [How China is building an edge over the US in video AI](https://longbridge.com/en/news/297411806.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**