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EC Healthcare Full Year 2024 Earnings: Misses Expectations
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EC Healthcare (HKG:2138) Full Year 2024 Results

Key Financial Results

  • Revenue: HK$4.22b (up 8.9% from FY 2023).
  • Net loss: HK$18.9m (down by 127% from HK$69.7m profit in FY 2023).
  • HK$0.016 loss per share (down from HK$0.059 profit in FY 2023).
earnings-and-revenue-growth
SEHK:2138 Earnings and Revenue Growth June 29th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

EC Healthcare Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Consumer Services industry in Hong Kong.

Performance of the Hong Kong Consumer Services industry.

The company's shares are down 4.0% from a week ago.

Risk Analysis

Before you take the next step you should know about the 2 warning signs for EC Healthcare that we have uncovered.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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