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Modern Healthcare Technology Holdings Full Year 2024 Earnings: HK$0.011 loss per share (vs HK$0.023 loss in FY 2023)
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Modern Healthcare Technology Holdings (HKG:919) Full Year 2024 Results

Key Financial Results

  • Revenue: HK$457.4m (up 12% from FY 2023).
  • Net loss: HK$9.57m (loss narrowed by 54% from FY 2023).
  • HK$0.011 loss per share (improved from HK$0.023 loss in FY 2023).
revenue-and-expenses-breakdown
SEHK:919 Revenue and Expenses Breakdown July 30th 2024

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

The primary driver behind last 12 months revenue was the Beauty and Wellness Services segment contributing a total revenue of HK$419.7m (92% of total revenue). Notably, cost of sales worth HK$308.8m amounted to 68% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Depreciation & Amortisation (D&A) costs, amounting to HK$76.6m (48% of total expenses). Explore how 919's revenue and expenses shape its earnings.

Modern Healthcare Technology Holdings' share price is broadly unchanged from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Modern Healthcare Technology Holdings (at least 1 which makes us a bit uncomfortable), and understanding these should be part of your investment process.

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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