Intco Medical Technology Full Year 2023 Earnings: EPS Beats Expectations

Intco Medical Technology (SZSE:300677) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥6.92b (up 4.6% from FY 2022).
• Net income: CN¥383.0m (down 39% from FY 2022).
• Profit margin: 5.5% (down from 9.5% in FY 2022).
• EPS: CN¥0.58 (down from CN¥0.95 in FY 2022).

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

Intco Medical Technology EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 7.4%.

Looking ahead, revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Medical Equipment industry in China.

Performance of the Chinese Medical Equipment industry.

The company's shares are up 9.2% from a week ago.

Risk Analysis

Be aware that Intco Medical Technology is showing 2 warning signs in our investment analysis that you should know about...

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