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What signal does Yonghe Medical (2279.HK) release with its significant performance improvement in the first half of the year?
In the past two years, the financial reports of major consumer companies have clearly conveyed a message: while pursuing returns, they are also enhancing operational efficiency to increase growth certainty.
Express News | Corrected-Yonghe Medical Group H1 Net Income RMB -150 Million (Corrects Amount)
Yonghe Medical (02279.HK): Expects significant improvement in performance in the first half of the year.
On August 5th, Gelonghui reported that Yonghe Medical (02279.HK) expects the group's net loss for the six months ending June 30, 2024 to be significantly reduced to no more than RMB 150 million, including a one-time loss of approximately RMB 33 million generated from part of the hospital's closed store adjustment strategy. Compared with the net loss of approximately RMB 2.262 billion recorded by the group for the six months ended June 30, 2023, it is expected that the net loss reduction for the relevant period will be no less than about 33.5%. Based on the available information, the board of directors believes that the above-mentioned performance improvement/loss reduction is mainly due to
Express News | Yonghe Medical - Expected Result Due to Strengthened Cost Control and Promoted Optimal Allocation of Resources, Others
Express News | Yonghe Medical Group Sees Net Loss Reduced to No More Than RMB150.0 Mln for Six Months
Express News | Yonghe Medical Group H1 Net Income RMB -33 Million
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