An update from New Century Healthcare Holding Co. Ltd. ( (HK:1518) ) is now available.
New Century Healthcare Holding Co. Ltd. has issued a profit warning, anticipating a significant decrease in profit for the year ending December 31, 2024, compared to the previous year. The decline is attributed to a normalization of demand for pediatric internal medicine services following an exceptional surge in 2023 due to increased pediatric infections. This reduction in demand has led to decreased revenue and gross profit, impacting the company’s overall profitability.
More about New Century Healthcare Holding Co. Ltd.
New Century Healthcare Holding Co. Ltd. operates in the healthcare industry, focusing on providing pediatric medical services. The company is known for its pediatric internal medicine services, catering to the medical needs of children.
YTD Price Performance: 21.00%
Average Trading Volume: 204,790
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$590.6M
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