Luye Pharma Group Full Year 2024 Earnings: Misses Expectations

Luye Pharma Group (HKG:2186) Full Year 2024 Results

Key Financial Results

• Revenue: CN¥6.06b (down 1.3% from FY 2023).
• Net income: CN¥471.9m (down 11% from FY 2023).
• Profit margin: 7.8% (down from 8.7% in FY 2023).
• EPS: CN¥0.13 (down from CN¥0.14 in FY 2023).

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

Luye Pharma Group Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) also missed analyst estimates by 42%.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Pharmaceuticals industry in Hong Kong.

Performance of the Hong Kong Pharmaceuticals industry.

The company's shares are down 3.1% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on Luye Pharma Group's balance sheet health.

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