bullish
Amvis Holdings Inc (7071 JP): Strong H1FY23 Result; FY23 Guidance Unchanged; Expansion Continues
479 Views02 Jun 2023 15:06
SUMMARY
- Amvis Holdings Inc (7071 JP) recorded 42% revenue growth to ¥14.7B in H1FY23, driven by 33% increase in bed capacity and stable utilization rate. Operating profit grew 37% to ¥3.9B.
- The company has guided for FY23 revenue of ¥30.7B (+33% YoY), operating profit of ¥7.9B (+28% YoY), and net profit of ¥5.4B (+26% YoY).
- Amvis announced plans to open 16 facilities, steadily progressing to achieve the target of opening 23 facilities in FY24. The company targets utilization rate of 82–85% for existing facilities.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
Rising
Tina Banerjee
Global Healthcare Analyst
Price Chart(Sign Up to Access)
- Updated TOPIX Big April Basket Flows; More Big Flows and ¥270bn a Side12 Apr 2024
- Amvis Holdings Inc (7071 JP): Buy the Dip; Time to Reap Benefit of Business Expansion10 Apr 2024
- Amvis Holdings Inc (7071 JP): Strong Performance in 9MFY23; Business Expansion Continues16 Oct 2023
- Amvis Holdings (7071) - Large-Ish Offering, Large-Ish TOPIX Inclusion25 Feb 2023
- Amvis Holdings Placement - Has Done Exceptionally Well, Now It's Prime Time21 Feb 2023
- Amvis Holdings Inc (7071 JP): Scale Expansion to Drive Revenue Growth; Formulated New 3-Year Plan17 Jan 2023
x