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Modern Dental Group Full Year 2024 Earnings: Misses Expectations
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Modern Dental Group (HKG:3600) Full Year 2024 Results

Key Financial Results

  • Revenue: HK$3.36b (up 6.1% from FY 2023).
  • Net income: HK$408.0m (up 1.0% from FY 2023).
  • Profit margin: 12% (in line with FY 2023).
  • EPS: HK$0.43 (up from HK$0.42 in FY 2023).
earnings-and-revenue-growth
SEHK:3600 Earnings and Revenue Growth March 29th 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Modern Dental Group Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) also missed analyst estimates by 10.0%.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Medical Equipment industry in Hong Kong.

Performance of the Hong Kong Medical Equipment industry.

The company's shares are down 3.8% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Modern Dental Group that you should be aware of.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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