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Cash flow has turned positive for the first time! XIKANG CLOUD's home care revenue surged by 77.7% in 2024, accelerating its lead in the silver economy sector.
Shanghai, March 21, 2025 / PR Newswire / -- On March 20, 2025, XIKANG CLOUD Holding Co., Ltd. (hereinafter referred to as "XIKANG CLOUD"; Stock Code: 9686.HK) released its financial performance announcement for the year 2024. During the reporting period, the company's total revenue was 0.501 billion yuan, and the operating net cash flow turned positive for the first year, approximately 21.56 million yuan. The adjusted net loss for the year was significantly reduced by 34.8% compared to the previous year, with revenue from the strategic business in home care increasing by 77.7% year-on-year, marking that the company's business has entered a positive development track and possesses strong self-sustaining capabilities, turning losses into gains.
XIKANG CLOUD: ANNUAL RESULTS ANNOUNCEMENT FOR THEYEAR ENDED DECEMBER 31, 2024
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Xikang Cloud Hospital Holdings Inc. Schedules Board Meeting for Annual Results
XIKANG CLOUD (09686.HK) plans to hold a Board of Directors meeting on March 20 to approve the annual performance.
Glory Holdings announced on March 10 that XIKANG CLOUD (09686.HK) will hold a Board of Directors meeting on March 20, 2025 (Thursday), which will include the review and approval of the company's and its subsidiaries' annual performance for the year ending December 31, 2024, and its release, as well as a proposal to consider the distribution of a final dividend (if any).
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