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Lotus Pharmaceutical Reports 14% Growth in Asian Operations Despite FX Headwinds
2026-04-11

Global pharmaceutical firm Lotus Pharmaceutical (美時, 1795.TW) announced its November revenue of NT$1.059 billion, consistent with the previous year. Cumulative revenue for the first 11 months reached NT$18.059 billion, up 5% YoY.

Market Resilience:

  • Asia Business: Revenue grew 14% YoY, fueled by strong performance in Thailand and Vietnam (Southeast Asian revenue surged 115%). Mature markets like Taiwan and South Korea demonstrated resilience with single-digit growth, despite a 7% depreciation of the Korean Won against the New Taiwan Dollar.
  • Export Markets: Export revenue saw a slight 3% decline. While the blood cancer drug Lenalidomide maintained double-digit growth in the U.S., it was offset by a decline in other export products and a 3% appreciation of the NTD against the USD.

Resource: 美時11月營收亞洲業務漲逾一成 台韓市場匯率壓抑下仍展現韌性

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