Ping An Healthcare achieves first full-year profitability

Ping An Healthcare and Technology announced audited annual results, revealing total revenue of RMB 4.808 billion, a 2.9% increase year-over-year. This was driven by strong growth in F-end and B-end businesses, with revenue reaching RMB 2.416 billion and RMB 1.431 billion, respectively. The company achieved a full-year profit of RMB 88.3 million, compared to a loss of RMB 334.8 million in 2023. The expense ratio decreased by 14.4 percentage points due to enhanced resource allocation efficiency. The company's adjusted net profit reached RMB 158.4 million. Ping An Health's LTM paying users totaled 31.35 million. The Board has recommended a special dividend of HK$9.7 per share and announced a formal consolidation into Ping An Group. Mr. Dou Li is the Chairman of the Board and Chief Executive Officer.