- Hong Kong
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- Healthcare Services
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- SEHK:1099
Sinopharm Group Second Quarter 2024 Earnings: CN¥0.13 loss per share (vs CN¥0.19 loss in 2Q 2023)
Sinopharm Group (HKG:1099) Second Quarter 2024 Results
Key Financial Results
- Net loss: CN¥419.6m (loss narrowed by 31% from 2Q 2023).
- CN¥0.13 loss per share (improved from CN¥0.19 loss in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Sinopharm Group Earnings Insights
Looking ahead, revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Healthcare industry in Hong Kong.
Performance of the Hong Kong Healthcare industry.
The company's shares are down 9.5% from a week ago.
Balance Sheet Analysis
While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Sinopharm Group's balance sheet.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About SEHK:1099
Sinopharm Group
Engages in the wholesale and retail of pharmaceutical and medical devices and healthcare products in the People’s Republic of China.
Flawless balance sheet, undervalued and pays a dividend.