China Resources Medical Holdings Full Year 2024 Earnings: Misses Expectations

China Resources Medical Holdings (HKG:1515) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥9.85b (down 2.5% from FY 2023).
• Net income: CN¥565.9m (up 120% from FY 2023).
• Profit margin: 5.7% (up from 2.5% in FY 2023). The increase in margin was driven by lower expenses.
• EPS: CN¥0.45 (up from CN¥0.20 in FY 2023).

Our free stock report includes 1 warning sign investors should be aware of before investing in China Resources Medical Holdings. Read for free now.

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

China Resources Medical Holdings Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) also missed analyst estimates by 19%.

Looking ahead, revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Healthcare industry in Hong Kong.

Performance of the Hong Kong Healthcare industry.

The company's shares are up 5.2% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with China Resources Medical Holdings.

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