UBS released a research report stating that CHINA BIOPHARMACEUTICAL (01177.HK) -0.030 (-0.472%) Short selling $142.91M; Ratio 75.915% recorded a revenue of RMB31.8 billion last year, representing a year-on-year increase of 10.3%, which was below expectations. The net profit reached RMB2.3 billion, up 22% year-on-year, also below expectations. The gross profit margin increased by 0.6 percentage points year-on-year to 82.1%. The management expects that driven by the continuous growth of innovative products, this year's revenue and profit will achieve double-digit growth.The firm raised the EPS forecast for CHINA BIOPHARMACEUTICAL for this year by 9.4%. However, due to lower expected revenue and profitability from generic drugs, it lowered the EPS forecasts for 2027 and 2028. Additionally, the company's target price was reduced from HKD12.2 to HKD11, reaffirming the 'Buy' rating. (ca/j)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)Related News CLSA Lowers TP for CHINA BIOPHARMACEUTICAL (01177.HK) to HKD8.9, New Product Launches and Platform Expansion Support Next Phase Growth
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