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Human Health Holdings Forecasts Profit Plunge

Human Health Holdings Forecasts Profit Plunge

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

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Human Health Holdings Limited has issued a profit warning, anticipating a significant decrease in its annual profit to not more than HK$25 million for the year ended June 30, 2024, a stark drop from the previous year’s HK$180.8 million. The expected decline is mainly attributed to reduced demand for COVID-19 related general practice services. Investors are advised to exercise caution and await the detailed annual results announcement due by end of September 2024.

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

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