Stock Analysis
- Hong Kong
- /
- Medical Equipment
- /
- SEHK:1696
Sisram Medical First Half 2024 Earnings: EPS: US$0.023 (vs US$0.04 in 1H 2023)
Sisram Medical (HKG:1696) First Half 2024 Results
Key Financial Results
- Revenue: US$168.7m (down 1.7% from 1H 2023).
- Net income: US$11.0m (down 42% from 1H 2023).
- Profit margin: 6.5% (down from 11% in 1H 2023). The decrease in margin was primarily driven by higher expenses.
- EPS: US$0.023 (down from US$0.04 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Sisram Medical Earnings Insights
Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Medical Equipment industry in Hong Kong.
Performance of the Hong Kong Medical Equipment industry.
The company's shares are down 9.2% from a week ago.
Risk Analysis
Before you take the next step you should know about the 2 warning signs for Sisram Medical that we have uncovered.
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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:1696
Sisram Medical
Engages in the research, design, development, manufacture, and sales of medical aesthetics and dental equipment, home use devices, injectables, and cosmeceuticals products in the Asia Pacific, Europe, North America, Latin America, the Middle East, and Africa.