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Rainmed Medical Reports Decline in 2024 Financial Results

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Rainmed Medical Reports Decline in 2024 Financial Results

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Rainmed Medical Limited ( (HK:2297) ) just unveiled an announcement.

Rainmed Medical Limited reported a significant decrease in revenue and gross profit for the year ended December 31, 2024, with a 45.6% drop in revenue and a 50.8% decline in gross profit compared to the previous year. The company also recorded a loss attributable to shareholders of RMB113.5 million, with no final dividend recommended. Despite the financial setbacks, the company remains focused on its core operations and continues to manage its expenses, including share-based payment expenses, to mitigate the impact on its ongoing performance.

More about Rainmed Medical Limited

Rainmed Medical Limited is a company incorporated in the Cayman Islands, operating in the medical industry. It focuses on providing innovative medical solutions and technologies.

YTD Price Performance: 4.09%

Average Trading Volume: 650,547

Technical Sentiment Signal: Sell

For detailed information about 2297 stock, go to TipRanks’ Stock Analysis page.

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