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Chaoju Eye Care Reports Revenue Growth Amid Declining Profits

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Chaoju Eye Care Reports Revenue Growth Amid Declining Profits

Chaoju Eye Care Holdings Ltd. ( (HK:2219) ) has issued an update.

Chaoju Eye Care Holdings Ltd. reported a 2.6% increase in revenue to RMB1,405.5 million for the year ended December 31, 2024. However, the company’s profit before tax and net profit decreased by 12.2% and 15.6%, respectively, compared to the previous year. The net profit margin also declined to 13.2%. The number of operational facilities remained unchanged, and the company announced a reduced final dividend. These financial results indicate a challenging year for the company, impacting its profitability and shareholder returns.

More about Chaoju Eye Care Holdings Ltd.

Chaoju Eye Care Holdings Ltd. operates in the healthcare industry, focusing on ophthalmic services. The company manages a network of ophthalmic hospitals and optical centers, providing eye care services to its clients.

YTD Price Performance: 9.12%

Average Trading Volume: 1,087,237

Technical Sentiment Signal: Hold

Current Market Cap: HK$2.2B

Learn more about 2219 stock on TipRanks’ Stock Analysis page.

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