Vincent Medical Holdings (HKG:1612) First Half 2024 Results
Key Financial Results
- Revenue: HK$380.7m (up 5.4% from 1H 2023).
- Net income: HK$33.3m (up 25% from 1H 2023).
- Profit margin: 8.7% (up from 7.4% in 1H 2023). The increase in margin was driven by higher revenue.
- EPS: HK$0.052 (up from HK$0.041 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Vincent Medical Holdings Earnings Insights
Looking ahead, revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Medical Equipment industry in Hong Kong.
Performance of the Hong Kong Medical Equipment industry.
The company's shares are up 3.6% from a week ago.
Risk Analysis
We should say that we've discovered 2 warning signs for Vincent Medical Holdings that you should be aware of before investing here.
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