HYGEIA HEALTH (06078) issues a profit warning, expecting a net profit of approximately 140-200 million yuan in 2025, a year-on-year decrease of about 66% to 76%.

Hygeia Health (06078) announced that the group's revenue is expected to be approximately RMB 4.0-4.5 billion in 2025, a year-on-year decrease of about 9% to 10%; net profit is expected to be approximately RMB 140-200 million, a year-on-year decrease of about 66% to 76% (mainly affected by impairment of goodwill); adjusted net profit is expected to be approximately RMB 450-490 million, a year-on-year decrease of about 19% to 25%; net cash flow from operating activities is expected to be approximately RMB 940-1,000 million, a year-on-year increase of about 33% to 41%. The announcement stated that the decrease in revenue, net profit, and adjusted net profit under non-international financial reporting standards is mainly due to the impact of industry and macroeconomic factors, as well as the increased expenses for new hospital openings and depreciation costs incurred by the group. In addition to the above factors, the decrease in net profit for the year ended December 31, 2025, is also mainly attributable to the impairment provision for goodwill of Etern Group Ltd. When determining the necessity and amount of such impairment and provision, the company has carefully assessed the group's operational and financial performance as well as the future prospects of its business. The actual amount of impairment and provision is subject to further evaluation by the company.