AFT Pharmaceuticals (NZSE:AFT) First Half 2023 Results
Key Financial Results
Revenue: NZ$65.8m (up 18% from 1H 2022).
Net income: NZ$1.45m (down 66% from 1H 2022).
Profit margin: 2.2% (down from 7.6% in 1H 2022). The decrease in margin was driven by higher expenses.
EPS: NZ$0.01 (down from NZ$0.04 in 1H 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
AFT Pharmaceuticals Earnings Insights
Looking ahead, revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Pharmaceuticals industry in Oceania.
Performance of the market in New Zealand.
The company's shares are down 2.4% from a week ago.
You should learn about the 1 warning sign we've spotted with AFT Pharmaceuticals.
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