tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

UMP Healthcare Reports Strong Profit Growth Despite Revenue Dip

Story Highlights
UMP Healthcare Reports Strong Profit Growth Despite Revenue Dip

Elevate Your Investing Strategy:

UMP Healthcare Holdings Limited ( (HK:0722) ) has provided an announcement.

UMP Healthcare Holdings Limited announced its interim results for the six months ending December 31, 2024, revealing a slight decrease in revenue by 1.2% compared to the previous year. Despite this, the company saw a significant increase in EBITDA by 17% and profit for the period rose by 45.7%, indicating improved operational efficiency. The earnings per share increased by 14.8%, and the interim dividend per share rose by 7.7%, reflecting a strong financial performance. The company’s cash and bank balances also grew by 18.4%, highlighting a robust financial position.

More about UMP Healthcare Holdings Limited

UMP Healthcare Holdings Limited operates in the healthcare industry, providing medical and healthcare services. The company focuses on offering a range of services including medical consultations, diagnostic and specialty services, primarily in Hong Kong and Mainland China.

YTD Price Performance: 2.44%

Average Trading Volume: 57,319

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$336.4M

Learn more about 0722 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