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Human Health Holdings Faces Sharp Decline in FY2024

Human Health Holdings Faces Sharp Decline in FY2024

Human Health Holdings Ltd. (HK:1419) has released an update.

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Human Health Holdings Ltd. has reported a significant decrease in annual revenue and profit for the fiscal year ended June 30, 2024, with revenues dropping by 41% and profits by 86.6% compared to the previous year. The decline was largely attributed to reduced COVID-19 related services, which had previously bolstered their earnings. Despite this downturn, the company announced a final dividend of HK2.8 cents per share, a reduction from the HK16 cents paid out the prior year.

For further insights into HK:1419 stock, check out TipRanks’ Stock Analysis page.

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