Jiangxi Rimag Group Full Year 2024 Earnings: Misses Expectations

Jiangxi Rimag Group (HKG:2522) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥760.6m (down 18% from FY 2023).
• Net loss: CN¥45.9m (down by 203% from CN¥44.4m profit in FY 2023).
• CN¥0.13 loss per share (down from CN¥0.13 profit in FY 2023).

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

Jiangxi Rimag Group Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 15%. Earnings per share (EPS) also missed analyst estimates.

Looking ahead, revenue is forecast to grow 25% p.a. on average during the next 2 years, compared to a 7.3% growth forecast for the Healthcare industry in Hong Kong.

Performance of the Hong Kong Healthcare industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Be aware that Jiangxi Rimag Group is showing 1 warning sign in our investment analysis that you should know about...

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