tiprankstipranks
Trending News
More News >

IVD Medical Holding Limited Reports 2024 Financial Results with Increased Profit

Story Highlights
IVD Medical Holding Limited Reports 2024 Financial Results with Increased Profit

Don’t Miss TipRanks’ Half-Year Sale

IVD Medical Holding Limited ( (HK:1931) ) has shared an announcement.

IVD Medical Holding Limited announced its financial results for the year ended December 31, 2024, reporting a 2.4% increase in revenue to RMB3,162,415 thousand and a 12.2% rise in profit to RMB266,034 thousand compared to the previous year. The growth in profit was mainly driven by improved gross profit margins in its analysers and after-sales services business, although the Board did not recommend a final dividend for 2024.

More about IVD Medical Holding Limited

IVD Medical Holding Limited is a company incorporated in the Cayman Islands, operating in the medical industry. It focuses on providing medical diagnostic products and services, including analysers and after-sales services, with a market focus on enhancing gross profit margins.

YTD Price Performance: -5.56%

Average Trading Volume: 56,604

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$2.76B

For an in-depth examination of 1931 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport 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