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Luye Pharma Continues to Deliver Strong Growth in 2019

March 27, 2020

Luye Pharma Group (02186.HK) reported its financial results for 2019 on March 27, 2020. According to the results, the company has achieved a total revenue of RMB 6.358 billion, up 22.9% year-on-year. EBITDA was RMB 2.488 billion, up 26.9% year-on-year; and normalized profit attributed to shareholders was RMB 1.592 billion, up 19.4% year-on-year.

Over the past year, Luye Pharma has achieved remarkable progress in R&D, marketing, business development and collaboration by resolutely carrying out its corporate strategies. The company is also actively transforming itself to lay a solid foundation for the sustainable growth in the future. Financial highlights of 2019 are as follows:

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