In 2021, the Tianjin-based Chinese vaccine company Cansino Biologics Inc. reported annual revenue of almost 4.3 billion yuan, representing an increase of more than 23,000 percent from the previous year. The company generated little revenue between 2017 and 2019 and suffered from losses before the COVID-19 pandemic. More than 70 percent of the CanSino's revenue in 2021 came from the international market, thanks to the export sales of Convidecia, the company's single-dose COVID-19 vaccine.
Annual revenue of CanSino Biologics Inc. between 2017 and 2021
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Revenue in million yuan
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CanSino Biologics. (March 27, 2022). Annual revenue of CanSino Biologics Inc. between 2017 and 2021 (in million yuan) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1306349/annual-revenue-of-cansino-biologics/
CanSino Biologics. "Annual revenue of CanSino Biologics Inc. between 2017 and 2021 (in million yuan)." Chart. March 27, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1306349/annual-revenue-of-cansino-biologics/
CanSino Biologics. (2022). Annual revenue of CanSino Biologics Inc. between 2017 and 2021 (in million yuan). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1306349/annual-revenue-of-cansino-biologics/
CanSino Biologics. "Annual Revenue of Cansino Biologics Inc. between 2017 and 2021 (in Million Yuan)." Statista, Statista Inc., 27 Mar 2022, https://www.statista.com/statistics/1306349/annual-revenue-of-cansino-biologics/
CanSino Biologics, Annual revenue of CanSino Biologics Inc. between 2017 and 2021 (in million yuan) Statista, https://www.statista.com/statistics/1306349/annual-revenue-of-cansino-biologics/ (last visited July 22, 2024)
Annual revenue of CanSino Biologics Inc. between 2017 and 2021 (in million yuan) [Graph], CanSino Biologics, March 27, 2022. [Online]. Available: https://www.statista.com/statistics/1306349/annual-revenue-of-cansino-biologics/