Hygeia Healthcare reports sharp profit and revenue decline in first half 2025

For the six months ended June 30, 2025, Hygeia Healthcare Holdings reported revenue of RMB1,989.7 million, a 16.5% decrease from RMB2,381.88 million in the same period of 2024. Net profit also fell by 36.2% to RMB245.82 million from RMB385.174 million year-on-year. Basic earnings per share decreased by 34.4% to RMB0.40. Non-IFRS adjusted net profit was RMB262.5 million, a 34.5% decrease from RMB400.59 million in 2024.

Despite the financial declines, the group's total assets saw a slight increase of 0.1% to RMB10,944.7 million as of June 30, 2025, compared to December 31, 2024. Total liabilities decreased by 5.0% to RMB4,043.8 million. The company continued to optimize capital allocation, reducing capital expenditure by 28.5% to RMB241.9 million and increasing free cash flow by 1,611.2% to RMB213.9 million.

Hygeia Healthcare repurchased and cancelled 1,928,000 ordinary shares for an aggregate of HK$25.58 million in January 2025. The company also announced no interim dividend payment for the period.