Perfect Medical's profit soars 43.4% despite revenue decline

Perfect Medical Health Management Limited announced its interim results for the six months ended September 30, 2025, with revenue reaching HK$485.9m, a 21.7% decline from HK$620.3m in the prior period. Despite this, the company's profit attributable to equity holders rose significantly by 43.4% sequentially to HK$94.8m from HK$66.1m in the preceding six-month period, driven by rigorous cost-control measures and service mix optimization.

The group's cost of inventories and consumables decreased by 33.8% to HK$6.9m, while employee benefit expenses fell 23.1% to HK$167.2m. Marketing expenses also saw a substantial reduction of 29.3% to HK$54.6m. Operating profit for the period was HK$111.0m, with a net profit margin of 19.5%.

In a demonstration of commitment to shareholders, the board proposed an interim dividend of HK7.6 cents per share, representing a payout ratio of 101.3%. The group maintains a strong financial position with bank balances and cash of HK$425.0m and no external bank borrowings as of September 30, 2025.