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Yao Ming Kangde (02359)'s profit broke 10 billion for the first time in the first half of the year, and on-hand orders surged by more than 25%, and the CRDMO model continued to be fulfilled
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The Zhitong Finance App learned that on the evening of August 3, 2026, Yao Ming Kangde (603259.SH/02359) announced the interim results. The company's second-quarter revenue exceeded 16.4 billion yuan, and both revenue and profit in a single quarter reached record highs. What is even more landmark is that the company's profits under all three dimensions in the first half of the year exceeded 10 billion dollars, achieving a profit scale of 10 billion dollars for the first time in half a year.

Continued growth in kinetic energy was fueled by a strong explosion in orders. By the end of the reporting period, Yao Ming Kangde's ongoing business orders had exceeded 66.4 billion yuan. This huge order reserve not only locks in extremely high certainty for achieving annual performance targets, but also fully demonstrates the strong transformation capabilities of its CRDMO integrated platform.

Yao Ming Kangde said that the strong performance in the first half of the year was due to the greater success of multiple customer products and the CRDMO model. At the same time, the company's overall annual revenue was raised from 51.3 to 53 billion yuan to 58.5 billion yuan, and adjusted free cash flow was raised from 10.5 to 11.5 billion yuan to 13.5 billion yuan.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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