BRIEF: Yonghe Medical returns to the black in first half of 2025
Hair transplant company Yonghe Medical Group Co. Ltd. (2279.HK) on Tuesday said it returned to the black in the first half of 2025, adding it expects to report a net profit of 25 million yuan ($3.48 million) for the period. It recorded a net loss of 139 million yuan in the year-ago period.
The company credited the return to profitability on improvements to its clinic network and centralization of resources at its core operations. It said it also continues to enhance its Hefan proprietary healthcare chain management IT system. The company said it has significantly improved its customer conversion efficiency and return on investment by fine-tuning its management model and improving its marketing spending.
Shares of Yonghe Medical opened flat at HK$3.54 on Tuesday but then fell over 5% in early trade. The stock has more than tripled since the beginning of this year.
By Lau Chi Hang
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