EconomyChina’s Hengrui posts 89% third-quarter profit rise, beating estimates
Jiangsu Hengrui Pharmaceuticals reported third-quarter revenue up 20.55% to 8.95 billion yuan, ahead of estimates. Net profit rose 88.92% year on year to 2.46 billion yuan, also topping consensus, amid stronger innovative drug sales.
China’s Hengrui posts 89% third-quarter profit rise, beating estimates
Economy