Kindstar Globalgene Technology First Half 2024 Earnings: EPS: CN¥0.013 (vs CN¥0.046 in 1H 2023)

Kindstar Globalgene Technology (HKG:9960) First Half 2024 Results

Key Financial Results

• Revenue: CN¥473.3m (down 3.9% from 1H 2023).
• Net income: CN¥11.9m (down 73% from 1H 2023).
• Profit margin: 2.5% (down from 8.9% in 1H 2023). The decrease in margin was primarily driven by lower revenue.
• EPS: CN¥0.013 (down from CN¥0.046 in 1H 2023).

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

Kindstar Globalgene Technology Earnings Insights

Looking ahead, revenue is forecast to grow 32% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Healthcare industry in Hong Kong.

Performance of the Hong Kong Healthcare industry.

The company's shares are up 8.8% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Kindstar Globalgene Technology (1 can't be ignored) you should be aware of.

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