Beijing Chunlizhengda Medical Instruments Third Quarter 2024 Earnings: CN¥0.045 loss per share (vs CN¥0.14 profit in 3Q 2023)

Beijing Chunlizhengda Medical Instruments (HKG:1858) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN¥128.2m (down 49% from 3Q 2023).
• Net loss: CN¥17.9m (down by 133% from CN¥54.5m profit in 3Q 2023).
• CN¥0.045 loss per share (down from CN¥0.14 profit in 3Q 2023).

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

Beijing Chunlizhengda Medical Instruments Earnings Insights

Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 22% growth forecast for the Medical Equipment industry in Hong Kong.

Performance of the Hong Kong Medical Equipment industry.

The company's shares are down 2.9% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on Beijing Chunlizhengda Medical Instruments' balance sheet health.

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