Alphamab Oncology First Half 2024 Earnings: CN¥0.047 loss per share (vs CN¥0.042 loss in 1H 2023)

Simply Wall St·08/20/2024 23:11:34

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Alphamab Oncology (HKG:9966) First Half 2024 Results

Key Financial Results

Revenue: CN¥173.6m (up 27% from 1H 2023).
Net loss: CN¥44.9m (loss widened by 13% from 1H 2023).
CN¥0.047 loss per share (further deteriorated from CN¥0.042 loss in 1H 2023).

earnings-and-revenue-growth — SEHK:9966 Earnings and Revenue Growth August 20th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Alphamab Oncology Earnings Insights

Looking ahead, revenue is forecast to grow 39% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Biotechs industry in Hong Kong.

Performance of the Hong Kong Biotechs industry.

The company's shares are up 6.2% from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Alphamab Oncology, and understanding it should be part of your investment process.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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