Maider Medical Industry Equipment Second Quarter 2024 Earnings: CN¥0.004 loss per share (vs CN¥0.16 profit in 2Q 2023)

Simply Wall St · 09/01 00:21

Maider Medical Industry Equipment (SHSE:688310) Second Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥91.2m (down 27% from 2Q 2023).
  • Net loss: CN¥633.3k (down by 102% from CN¥26.5m profit in 2Q 2023).
  • CN¥0.004 loss per share (down from CN¥0.16 profit in 2Q 2023).
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SHSE:688310 Earnings and Revenue Growth September 1st 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Maider Medical Industry Equipment Earnings Insights

Looking ahead, revenue is forecast to grow 46% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Medical Equipment industry in China.

Performance of the Chinese Medical Equipment industry.

The company's shares are up 7.1% from a week ago.

Risk Analysis

You should learn about the 2 warning signs we've spotted with Maider Medical Industry Equipment (including 1 which is a bit concerning).