Chengdu Bright Eye Hospital Group Third Quarter 2024 Earnings: CN¥0.21 loss per share (vs CN¥0.55 profit in 3Q 2023)

Chengdu Bright Eye Hospital Group (SZSE:301239) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥716.3m (down 9.1% from 3Q 2023).
• Net loss: CN¥27.5m (down by 133% from CN¥82.4m profit in 3Q 2023).
• CN¥0.21 loss per share (down from CN¥0.55 profit in 3Q 2023).

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

Chengdu Bright Eye Hospital Group Earnings Insights

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Healthcare industry in China.

Performance of the Chinese Healthcare industry.

The company's shares are down 5.7% from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Chengdu Bright Eye Hospital Group that you need to take into consideration.

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