Hygeia Health (06078) is up more than 4% and is up 3.58% as of press time, at HKD 27.5, with a turnover of HKD 17.4431 million.
According to the WiseNews app, Hygeia Health (06078) is up over 4% and is up 3.58% as of press time, at HKD 27.5, with a turnover of HKD 17.4431 million.
Nomura has released a research report predicting that Hygeia's first-half revenue will grow by 50.6% year on year and net profit is expected to grow by 25.5%. It is believed that due to the low base period of the same period last year and the integration of new hospitals, first-half performance is expected to reach a new high. However, the bank lowered its revenue and profit forecasts for Hygeia Medical for the next two years, mainly because the operating efficiency and medical ability improvement of newly built and merged hospitals may be slower than expected, and merger integration is expected to increase operating expenses.
HSBC previously stated in April of this year that Hygeia Medical's performance last year was in line with expectations and that the company's revenue performance in 2024 is expected to increase by 32%, with existing hospitals contributing 13% organic growth; two newly acquired hospitals will contribute CNY 1.18 billion in revenue, equivalent to an 18% increase in operating income; new projects, including Dezhou Hygeia Hospital and Chengwu Phase II in mainland Shandong, will contribute 1% of the company's performance growth.