tiprankstipranks
Company Announcements

Shanghai Haohai Biological Technology Reports Stable Financial Performance for 2024

Story Highlights
Shanghai Haohai Biological Technology Reports Stable Financial Performance for 2024

Discover the Best Stocks and Maximize Your Portfolio:

An update from Shanghai Haohai Biological Technology Co., Ltd. Class H ( (HK:6826) ) is now available.

Shanghai Haohai Biological Technology Co., Ltd. announced its preliminary annual results for 2024, revealing a slight increase in revenue by 1.64% to RMB 269,765.79 million. Despite a decrease in operating profit and profit before tax, the company reported a marginal rise in net profit attributable to shareholders. The company experienced a significant increase in share capital by 35.99% due to the conversion of capital reserve into share capital. These results reflect the company’s stable financial performance, with a slight improvement in basic earnings per share and return on net assets.

More about Shanghai Haohai Biological Technology Co., Ltd. Class H

Shanghai Haohai Biological Technology Co., Ltd. is a company in the biotechnology sector, primarily focused on developing biological products and technologies. The company operates within the healthcare industry, offering products and services that cater to medical and health-related needs.

YTD Price Performance: -1.88%

Average Trading Volume: 179,480

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: HK$13.23B

For an in-depth examination of 6826 stock, go to TipRanks’ Stock Analysis page.

Related Articles
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