INKON Life Technology Full Year 2024 Earnings: Misses Expectations

INKON Life Technology (SZSE:300143) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥1.56b (up 6.0% from FY 2023).
• Net income: CN¥115.4m (up 15% from FY 2023).
• Profit margin: 7.4% (up from 6.8% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: CN¥0.18 (up from CN¥0.16 in FY 2023).

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

INKON Life Technology Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 10%.

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Healthcare industry in China.

Performance of the Chinese Healthcare industry.

The company's shares are up 3.3% from a week ago.

Risk Analysis

Be aware that INKON Life Technology is showing 1 warning sign in our investment analysis that you should know about...

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