InnoCare Pharma (HKG:9969) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥278.0m (up 74% from 3Q 2023).
- Net loss: CN¥13.6m (loss narrowed by 88% from 3Q 2023).
- CN¥0.007 loss per share (improved from CN¥0.062 loss in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
InnoCare Pharma Earnings Insights
Looking ahead, revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 29% growth forecast for the Biotechs industry in Hong Kong.
Performance of the Hong Kong Biotechs industry.
The company's shares are up 9.3% from a week ago.
Risk Analysis
Before you take the next step you should know about the 1 warning sign for InnoCare Pharma that we have uncovered.
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