China Resources Medical Holdings (HKG:1515) Full Year 2024 Results
Key Financial Results
- Revenue: CN¥9.85b (down 2.5% from FY 2023).
- Net income: CN¥565.9m (up 120% from FY 2023).
- Profit margin: 5.7% (up from 2.5% in FY 2023). The increase in margin was driven by lower expenses.
- EPS: CN¥0.45 (up from CN¥0.20 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
China Resources Medical Holdings Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) also missed analyst estimates by 19%.
Looking ahead, revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Healthcare industry in Hong Kong.
Performance of the Hong Kong Healthcare industry.
The company's shares are up 5.2% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with China Resources Medical Holdings.
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