New Century Healthcare Posts Solid Mid-Year Profits

New Century Healthcare Holding Co. Ltd. (HK:1518) has released an update.

New Century Healthcare Holding Co. Ltd. reported stable revenue of RMB416.0 million for the first half of 2024, a slight increase in profits before tax to RMB72.2 million due to decreased administrative costs and lower net impairment losses on financial assets. Despite a decrease in outpatient visits and revenue from outpatients, inpatient service revenues and visits showed growth.

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