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Performance | Zai Lab's net loss narrowed to $176 million last year
Zai Lab (09688) narrowed its net loss for the year ending December 2025 to HKD 176 million (USD, same below), with a loss per share of HKD 0.16; the same period in 2024 had a loss of HKD 257 million, and no final dividend will be paid. The decrease in net loss was mainly due to product revenue growing faster than net operating expenses and exchange losses turning into exchange gains, offset by a reduction in interest income.
During the period, total revenue was HKD 460 million, an increase of 15.33% year-on-year.