Keymed Biosciences First Half 2024 Earnings: CN¥1.29 loss per share (vs CN¥0.18 profit in 1H 2023)

Keymed Biosciences (HKG:2162) First Half 2024 Results

Key Financial Results

• Revenue: CN¥54.7m (down 83% from 1H 2023).
• Net loss: CN¥336.7m (down from CN¥47.0m profit in 1H 2023).
• CN¥1.29 loss per share (down from CN¥0.18 profit in 1H 2023).

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

Keymed Biosciences Earnings Insights

Looking ahead, revenue is forecast to grow 52% p.a. on average during the next 3 years, compared to a 27% growth forecast for the Biotechs industry in Hong Kong.

Performance of the Hong Kong Biotechs industry.

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

Risk Analysis

What about risks? Every company has them, and we've spotted 1 warning sign for Keymed Biosciences you should know about.

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