tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

New Century Healthcare Issues Profit Warning Amid Service Demand Decline

Story Highlights
New Century Healthcare Issues Profit Warning Amid Service Demand Decline

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

New Century Healthcare Holding Co. Ltd. ( (HK:1518) ) just unveiled an update.

New Century Healthcare Holding Co. Ltd. has issued a profit warning, anticipating a significant loss between RMB60.0 million and RMB70.0 million for the first half of 2025, compared to a profit of RMB25.2 million in the same period last year. This downturn is attributed to reduced demand for its core services, impairment losses on goodwill and long-term assets, and a write-down of deferred tax assets, indicating potential challenges in its market positioning and financial health.

More about New Century Healthcare Holding Co. Ltd.

New Century Healthcare Holding Co. Ltd. operates within the healthcare industry, focusing on providing pediatric, obstetric, and gynecologic services. The company is known for its specialized healthcare services in these areas, catering to specific market demands.

Average Trading Volume: 49,047

Technical Sentiment Signal: Sell

Current Market Cap: HK$410M

For a thorough assessment of 1518 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