tiprankstipranks
Trending News
More News >

Beijing Health Reports Increased Revenue but Faces Significant Losses in 2024

Story Highlights
Beijing Health Reports Increased Revenue but Faces Significant Losses in 2024

Confident Investing Starts Here:

Beijing Health (Holdings) Limited ( (HK:2389) ) has issued an update.

Beijing Health (Holdings) Limited reported its annual results for the year ending December 31, 2024, showing a revenue increase to HK$149,945,000 from HK$140,346,000 in 2023. Despite this revenue growth, the company faced a significant loss of HK$115,575,000, up from a loss of HK$61,721,000 the previous year, due to increased administrative expenses, impairment losses, and losses from joint ventures and associates. The company also reported a net other comprehensive loss of HK$21,592,000, indicating challenges in its financial performance.

More about Beijing Health (Holdings) Limited

Beijing Health (Holdings) Limited operates in the healthcare industry, focusing on providing health-related products and services. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.

YTD Price Performance: -2.50%

Average Trading Volume: 1,123,755

Technical Sentiment Signal: Sell

Current Market Cap: HK$472.6M

For a thorough assessment of 2389 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1