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AK Medical Projects Over 50% Profit Increase for 2024

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AK Medical Projects Over 50% Profit Increase for 2024

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AK Medical Holdings Ltd. ( (HK:1789) ) has provided an update.

AK Medical Holdings Ltd. has issued a positive profit alert, anticipating a significant increase in net profit attributable to shareholders by over 50% for the year ended December 31, 2024, compared to the previous year. This expected growth is attributed to heightened demand for its surgical products and effective cost control measures, amidst stable operational costs and administrative expenses. Stakeholders are advised to interpret this preliminary assessment with caution, as the final audited results will be available by March 2025.

More about AK Medical Holdings Ltd.

AK Medical Holdings Ltd. operates in the medical industry, specializing in the development and sale of surgical products. The company focuses on leveraging national volume-based procurement policies to boost demand and revenue, particularly through import substitution.

YTD Price Performance: -7.01%

Average Trading Volume: 3,220,508

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$5.05B

For detailed information about 1789 stock, go to TipRanks’ Stock Analysis page.

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