Brief: Gaush Meditech Sees Net Loss Of RMB335.3 Million To RMB370.5 Million For FY

Gaush Meditech

16/03/2023 14:54

March 16 (Reuters) - Gaush Meditech Ltd  2407.HK :
    * GAUSH MEDITECH LTD SEES NET LOSS OF APPROXIMATELY RMB335.3
MILLION TO RMB370.5 MILLION FOR FY2022
    * GAUSH MEDITECH LTD SEES ADJUSTED NET PROFIT OF
APPROXIMATELY
RMB149.3 MILLION TO RMB165.1 MILLION FOR FY2022
    * DECREASE IN ADJUSTED NET PROFIT DUE TO AN INCREASE IN
RESEARCH
AND DEVELOPMENT EXPENSES
    * EXPECTED  NET LOSS DUE TO FAIR VALUE LOSSES ON CONVERTIBLE
REDEEMABLE PREFERRED SHARES OF COMPANY, AMONG OTHERS
    * GAUSH MEDITECH LTD SEES SLIGHTLY DECREASE IN REVENUE BY
APPROXIMATELY 3% FOR FY2022


Further company coverage:  2407.HK