Guangzhou Baiyunshan Pharmaceutical Holdings First Quarter 2024 Earnings: EPS: CN¥1.20 (vs CN¥1.17 in 1Q 2023)

Guangzhou Baiyunshan Pharmaceutical Holdings (HKG:874) First Quarter 2024 Results

Key Financial Results

• Revenue: CN¥22.9b (up 6.1% from 1Q 2023).
• Net income: CN¥1.96b (up 2.6% from 1Q 2023).
• Profit margin: 8.5% (down from 8.8% in 1Q 2023). The decrease in margin was driven by higher expenses.
• EPS: CN¥1.20 (up from CN¥1.17 in 1Q 2023).

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

Guangzhou Baiyunshan Pharmaceutical Holdings Earnings Insights

Looking ahead, revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Healthcare industry in Hong Kong.

Performance of the Hong Kong Healthcare industry.

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

Risk Analysis

You still need to take note of risks, for example - Guangzhou Baiyunshan Pharmaceutical Holdings has 1 warning sign we think you should be aware of.

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