Yunkang Group Limited (HK:2325) has released an update.
Yunkang Group Limited reported a significant 20.3% drop in revenue and a net loss of RMB126.1 million for the first half of 2024, contrasting sharply with the net profit of RMB48.0 million in the same period in 2023. The decline is attributed to the economic downturn, medical market reforms, and increased competition, which led to reduced demand and pricing for routine testing services. Despite short-term setbacks, the company remains focused on innovation, efficiency, and long-term growth in the healthcare sector.
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