HanAll Biopharma Reports Operating Profit of 10 Billion KRW, Up 70% Year-on-Year
[Asia Economy Reporter Minji Lee] HanAll Biopharma announced on the 18th that its operating profit reached 10 billion KRW, a 70% increase compared to the same period last year. Sales increased by 14% to 101.5 billion KRW, while net profit decreased by 49% to 9.9 billion KRW.
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The company stated, "Operating profit increased due to stable sales growth of key products and milestone inflows from clinical development," adding, "The net profit for the previous fiscal year reflected a temporary impact from the issuance of share Earnout by our global partner, Immunovant."
This content was produced with the assistance of AI translation services.
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