Genscript Biotech Corp Class H

01548: XHKG (HKG)
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GenScript’s Full-Year Results Show Strong Growth in Non-Cell Therapy Businesses, Shares Undervalued

GenScript’s full-year results continued to demonstrate excellent growth and margin improvement in non-cell therapy, or NCT, businesses. NCT revenue was USD 224 million in the second half, or 48% year-on-year growth. Operating profit margin for the period was 3.6% compared with 2.5% in the second half of last year, a welcome surprise for a business growing at this pace.

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