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Guangdong Kanghua Healthcare Reports Decline in Profits Despite Revenue Growth

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Guangdong Kanghua Healthcare Reports Decline in Profits Despite Revenue Growth

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Guangdong Kanghua Healthcare Co., Ltd. Class H ( (HK:3689) ) has shared an update.

Guangdong Kanghua Healthcare Group Co., Ltd. reported a slight increase in revenue for the year ended December 31, 2024, with a 0.7% rise to RMB2,055.7 million. However, the company experienced a significant decline in profit, with an 88.5% decrease to RMB10.5 million. Earnings per share also fell by 87.3%, and adjusted EBITDA decreased by 21.2%. Despite these challenges, the board recommended a final dividend of RMB15 cents per share, marking a change from the previous year where no dividend was distributed.

More about Guangdong Kanghua Healthcare Co., Ltd. Class H

Guangdong Kanghua Healthcare Group Co., Ltd. is a joint stock company incorporated in China, operating in the healthcare industry. The company provides healthcare services and is listed on the Hong Kong Stock Exchange.

YTD Price Performance: -18.03%

Average Trading Volume: 18,657

Technical Sentiment Signal: Buy

Current Market Cap: HK$668.8M

For detailed information about 3689 stock, go to TipRanks’ Stock Analysis page.

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