Hygeia Healthcare Holdings (HKG:6078) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥4.45b (up 9.1% from FY 2023).
- Net income: CN¥598.3m (down 12% from FY 2023).
- Profit margin: 14% (down from 17% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: CN¥0.95 (down from CN¥1.08 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Hygeia Healthcare Holdings Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 15%. Earnings per share (EPS) also missed analyst estimates by 24%.
Looking ahead, revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Healthcare industry in Hong Kong.
Performance of the Hong Kong Healthcare industry.
The company's shares are down 4.0% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Hygeia Healthcare Holdings' balance sheet and an in-depth analysis of the company's financial position.
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