Alphamab Oncology (HKG:9966) First Half 2024 Results
Key Financial Results
- Revenue: CN¥173.6m (up 27% from 1H 2023).
- Net loss: CN¥44.9m (loss widened by 13% from 1H 2023).
- CN¥0.047 loss per share (further deteriorated from CN¥0.042 loss in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Alphamab Oncology Earnings Insights
Looking ahead, revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Biotechs industry in Hong Kong.
Performance of the Hong Kong Biotechs industry.
The company's shares are up 6.2% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Alphamab Oncology, and understanding it should be part of your investment process.
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