Bio-Thera Solutions Third Quarter 2024 Earnings: CN¥0.31 loss per share (vs CN¥0.31 loss in 3Q 2023)

Bio-Thera Solutions (SHSE:688177) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥179.1m (up 22% from 3Q 2023).
• Net loss: CN¥128.5m (flat on 3Q 2023).
• CN¥0.31 loss per share (in line with 3Q 2023).

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

Bio-Thera Solutions Earnings Insights

Looking ahead, revenue is forecast to grow 27% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Biotechs industry in China.

Performance of the Chinese Biotechs industry.

The company's shares are down 1.0% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Bio-Thera Solutions' balance sheet health.

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