In 2023, Sinovac Biotech Ltd., one of China's major vaccine producers, reported an annual gross profit of 266.75 million U.S. dollars. Compared to Sinovac's annual gross profit of around 200 million U.S. dollars before the COVID-19 pandemic, the figure skyrocketed by almost 85 times between 2019 and 2021, thanks to the substantial demand for the company's CoronaVac vaccine.
Annual gross profit of Sinovac Biotech Ltd. between 2016 and 2023
(in million U.S. dollars)
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Sinovac. (April 30, 2024). Annual gross profit of Sinovac Biotech Ltd. between 2016 and 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved January 24, 2025, from https://www.statista.com/statistics/1304561/annual-gross-profit-of-sinovac/?__sso_cookie_checker=failed
Sinovac. "Annual gross profit of Sinovac Biotech Ltd. between 2016 and 2023 (in million U.S. dollars)." Chart. April 30, 2024. Statista. Accessed January 24, 2025. https://www.statista.com/statistics/1304561/annual-gross-profit-of-sinovac/?__sso_cookie_checker=failed
Sinovac. (2024). Annual gross profit of Sinovac Biotech Ltd. between 2016 and 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: January 24, 2025. https://www.statista.com/statistics/1304561/annual-gross-profit-of-sinovac/?__sso_cookie_checker=failed
Sinovac. "Annual Gross Profit of Sinovac Biotech Ltd. between 2016 and 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 30 Apr 2024, https://www.statista.com/statistics/1304561/annual-gross-profit-of-sinovac/?__sso_cookie_checker=failed
Sinovac, Annual gross profit of Sinovac Biotech Ltd. between 2016 and 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1304561/annual-gross-profit-of-sinovac/?__sso_cookie_checker=failed (last visited January 24, 2025)
Annual gross profit of Sinovac Biotech Ltd. between 2016 and 2023 (in million U.S. dollars) [Graph], Sinovac, April 30, 2024. [Online]. Available: https://www.statista.com/statistics/1304561/annual-gross-profit-of-sinovac/?__sso_cookie_checker=failed
