Summary by Moomoo AI
EC HEALTHCARE announced its interim results for the six months ended September 30, 2024. Revenue decreased by 2.8% to 2.063 billion HKD, mainly due to the impact of the macroeconomic environment. Net profit surged by 88.1% to 40.3 million HKD, with basic earnings per share at 1.2 HKD cents. Revenue from Veterinary Services fell by 3.7% to 1.264 billion HKD, while revenue from aesthetic medical and beauty wellness services decreased by 5.4% to 0.63 billion HKD. Revenue from veterinary and Other services rose by 18.9% to 0.169 billion HKD.The group actively addresses market challenges by implementing various measures to enhance operational efficiency. This includes optimizing the operation of newly established service points, controlling headquarters costs, and managing interest expenses. At the same time, it strengthens B2B, B2I, and B2G business opportunities, enhancing the connectivity of...Show More