Summary by Moomoo AI
Hygeia Health Holdings Limited announced its interim performance for the six months ended June 30, 2024, showing a 35.4% increase in group revenue compared to the same period in 2023, reaching RMB 2,381.9 million. Hospital business revenue increased by 37.2% to RMB 2,307.5 million. Gross profit and EBITDA increased by 32.5% and 28.7% respectively, while capital expenditures decreased by 39.0%. Adjusted net profit under non-international financial reporting standards increased by 15.5%, reaching RMB 400.6 million. In addition, the board of directors decided to use the repurchase authorization to repurchase shares in the open market at a total price not exceeding RMB 200.0 million, but currently does not recommend declaring any dividends.