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AIM Vaccine Reports Significant Reduction in Annual Losses

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AIM Vaccine Reports Significant Reduction in Annual Losses

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An announcement from AIM Vaccine Co., Ltd. Class H ( (HK:6660) ) is now available.

AIM Vaccine Co., Ltd. announced a significant decrease in net loss for the year ending December 31, 2024, with unaudited net losses expected to range from RMB250 million to RMB290 million, representing an 85% to 87% reduction compared to the previous year. This improvement is attributed to increased revenue from HBV vaccinations and reduced asset impairment losses, signaling a positive shift in the company’s financial health and operational efficiency.

More about AIM Vaccine Co., Ltd. Class H

AIM Vaccine Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the biotechnology industry with a focus on vaccine development and production. The company primarily generates revenue through its HBV vaccination products.

YTD Price Performance: -42.67%

Average Trading Volume: 6,171,710

Technical Sentiment Consensus Rating: Buy

For detailed information about 6660 stock, go to TipRanks’ Stock Analysis page.

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