tiprankstipranks
EC Healthcare Reports Growth Amidst Profit Dip
Company Announcements

EC Healthcare Reports Growth Amidst Profit Dip

EC Healthcare (HK:2138) has released an update.

EC Healthcare has reported a revenue increase of 8.7% year-on-year to HK$ 4.21 billion for the financial year ending March 31, 2024, driven by strong growth in its aesthetic medical and beauty and wellness segments. However, the company faced a significant net profit drop by 85.3% to HK$ 15.7 million, with basic and diluted earnings per share falling drastically to a loss of 1.6 HK cents. This financial performance reflects increased costs and investments, overshadowing the revenue growth.

For further insights into HK:2138 stock, check out TipRanks’ Stock Analysis page.

Looking for more investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles