China Resources Medical Holdings (HKG:1515) First Half 2024 Results
Key Financial Results
- Revenue: CN¥4.98b (down 2.7% from 1H 2023).
- Net income: CN¥433.9m (up 9.1% from 1H 2023).
- Profit margin: 8.7% (up from 7.8% in 1H 2023).
- EPS: CN¥0.34 (up from CN¥0.32 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
China Resources Medical Holdings Earnings Insights
Looking ahead, revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Healthcare industry in Hong Kong.
Performance of the Hong Kong Healthcare industry.
The company's shares are up 9.5% from a week ago.
Risk Analysis
It's still necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with China Resources Medical Holdings, and understanding them should be part of your investment process.
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