EQS News EQS News
News
Feed
Events
Feed
News
+ Events
Feed

Kürzlich angesehene news

Kürzlich angesehene Companies

Suchergebnis in news

Alles anzeigen

Suchergebnis in Unternehmen

Alles anzeigen

Suchergebnis in termine

Alles anzeigen
Newsfeed Meine Watchlists-News Aktuelle Berichte Aktuelle Research Meine News-Favoriten
Events Vergangene Events Aktuelle Webcasts Vergangene Webcasts Meine Events-Favoriten
Anmelden/Registrieren
de

Kürzlich angesehene news

Kürzlich angesehene Companies

Suchergebnis in news

Alles anzeigen

Suchergebnis in Unternehmen

Alles anzeigen

Suchergebnis in termine

Alles anzeigen
  • ISIN KYG9320L1005
  • Land Hong Kong

Corporate | 21 Oktober 2019 01:00

Union Medical Healthcare Limited
[2138.HK]CGS CIMB: Maintain UMH ‘Add’ with a target price of HK$8.14


EQS-News / 21/10/2019 / 07:00 UTC+8

CGS CIMB published its latest report on Union Medical Healthcare (2138.HK). CIMB maintained “Add” with a target price of HK$8.14, based on 20x CY20F P/E.
 
CIMB expects that UMH likely achieved outstanding revenue growth in 1HFY20F despite the social unrest in Hong Kong since July this year. UMH has increased client engagement and promotional campaigns.
 
Below please see the highlights for your perusal.

The group expects revenue to be HK$1bn in 1HFY20F
  • recorded total positive revenue growth in Aug and in Sep 19
  • The Group achieved at least 50% revenue growth in the medical services segment.
  • UMH’s revenue fell yoy during the National Day Golden Week holiday from 1 Oct to 10 Oct 2019 due to a decrease in mainland visitor arrivals and business disruption during Golden Week due to the closure of shopping malls, arcades and office buildings where UMH’s clinics and medical centres are located.
 
Improving client engagement and promotions to drive business
  • CIMB believes its business for local customers was relatively stable.
  • On the back of decreasing consumer consumption appetite, UMH is proactively offering more promotions for local loyalty customers and increasing client engagement to boost its aesthetics and beauty services.
  • Meanwhile, the group is also offering promotions for its existing customers in China to drive demand growth in medical services.
  • CIMB believes these campaigns can help it maintain stable revenue growth of 10-15% yoy in 2HFY20F

21/10/2019 Dissemination of a Financial Press Release, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

Media archive at www.todayir.com
show this

Aktuelle News

News Funktionen

Weitere Funktionen

6 Mai 2021

06:26 Corporate EN

Union Medical Healthcare Limited

Corporate
EN

HSBC doubles EC Healthcare target price to HKD15.00 and reiterates ‘Buy’ rating EC Healthcare’s third advanced imaging service centre commences operation

20 April 2021

03:24 Corporate EN

Union Medical Healthcare Limited

Corporate
EN

Union Medical Healthcare expects full year sales volume in Mainland China to increase over 60% YoY & plans to open 6 new clinics and service centers in Shenzhen and Guangzhou by end of 2021

19 April 2021

03:37 Corporate EN

Union Medical Healthcare Limited

Corporate
EN

Union Medical Healthcare introduces Dr. Cheng Chi Kong and Aspex Management as strategic shareholders to promote development of medical real estate business in mainland China and Hong Kong

15 April 2021

03:02 Corporate EN

Union Medical Healthcare Limited

Corporate
EN

Union Medical Healthcare acquires 51% equity interest in physiotherapy centre to further consolidate pain management and wellness market in Hong Kong

12 April 2021

03:15 Corporate EN

Union Medical Healthcare Limited

Corporate
EN

Union Medical Healthcare expects sales volume to grow by more than 10% to over HK$2.2 billion for the Year
Weitere News

Aktuelle Berichte

Keine Berichte gefunden

Anstehende Events

Keine Events gefunden

Webcasts

Keine Webcasts gefunden
Sprache (DE)
Impressum Datenschutz