tiprankstipranks
Trending News
More News >

Raily Aesthetic Medicine Issues Profit Warning for 2024

Story Highlights
Raily Aesthetic Medicine Issues Profit Warning for 2024

Don’t Miss TipRanks’ Half-Year Sale

Raily Aesthetic Medicine International Holdings Limited ( (HK:2135) ) has provided an announcement.

Raily Aesthetic Medicine International Holdings Limited has issued a profit warning, indicating an expected revenue of approximately RMB199 million and a loss of around RMB59 million for the year ending December 31, 2024. The continued loss is attributed to several factors, including the cessation of distribution for e-PTFE facial implants in the PRC, increased share option expenses, and heightened investment in research and development activities. The company’s financial results are based on unaudited management accounts and are subject to adjustments.

More about Raily Aesthetic Medicine International Holdings Limited

Raily Aesthetic Medicine International Holdings Limited operates in the aesthetic medicine industry, focusing on the development and distribution of medical equipment products. The company has been involved in research and development activities, particularly through its subsidiary Suzhou Ruiquan Biosciences Co., Ltd.

YTD Price Performance: 8.41%

Average Trading Volume: 341,340

Technical Sentiment Consensus Rating: Hold

Current Market Cap: HK$64.62M

Find detailed analytics on 2135 stock on 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