研报掘金丨方正证券：药明康德中报全面超预期，予“推荐”评级

格隆汇08-07

方正证券研报指出，药明康德中报全面超预期，上调全年收入指引至585-605亿元。1H2026整体收入保持较快增长，Q2季度间增长提升明显；利润端表现尤为亮眼，1H2026经调整Non-IFRS净利润率达40%，同比提升9.7pts，较Q1提升了3pts。持续经营在手订单保持快速增长，公司大幅上调全年指引及Capax预期。1H2026持续经营在手订单达664.3亿元，同比增长25.2%；Capax...

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