Ping An Health back in the black

Gordon Yang

Ping An Healthcare and Technology (1833) swung to a net profit of 88.32 million yuan (HK$ 94.51 million) from a net loss of 334.86 million yuan for the 12 months ended December 31, 2024.

During the reporting period, Ping An Health enhanced its operational efficiency, achieving steady growth in its finance business and rapid expansion in its corporate clients business, primarily focused on corporate health management.

Meanwhile, the revenue saw a 2.9 percent increase to 4.81 billion yuan during the reporting period.

Specifically, the finance and corporate clients businesses generated revenues of 2.42 billion yuan and 1.43 billion yuan, reflecting year-on-year growth of 9.6 percent and 32.7 percent, respectively.