Beijing Health Issues Profit Warning Amid Increased Losses

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Beijing Health Issues Profit Warning Amid Increased Losses

Beijing Health (Holdings) Limited ( (HK:2389) ) has shared an update.

Beijing Health (Holdings) Limited has issued a profit warning, indicating an expected increase in losses by approximately HK$55 million for the year ended December 31, 2024, compared to the previous year. This increase is attributed to several factors, including exchange losses due to currency depreciation, impairment of listed associates, increased interest expenses in joint ventures, and impairment of other receivables. The company is still finalizing its annual results, which will be disclosed on March 28, 2025.

More about Beijing Health (Holdings) Limited

Beijing Health (Holdings) Limited operates in the healthcare industry, focusing on providing a range of health-related services and products. The company is incorporated in the Cayman Islands and is listed on the Stock Exchange of Hong Kong.

YTD Price Performance: -2.50%

Average Trading Volume: 983,913

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$472.6M

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