United Laboratories International Holdings First Half 2024 Earnings: EPS Beats Expectations

United Laboratories International Holdings (HKG:3933) First Half 2024 Results

Key Financial Results

• Revenue: CN¥7.18b (up 3.9% from 1H 2023).
• Net income: CN¥1.49b (up 16% from 1H 2023).
• Profit margin: 21% (up from 19% in 1H 2023). The increase in margin was driven by higher revenue.
• EPS: CN¥0.82 (up from CN¥0.71 in 1H 2023).

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

United Laboratories International Holdings EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%.

Looking ahead, revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Pharmaceuticals industry in Hong Kong.

Performance of the Hong Kong Pharmaceuticals industry.

The company's shares are up 12% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for United Laboratories International Holdings that you should be aware of before investing here.

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