HK Stock Market Move | HYGEIA HEALTH (06078) rose over 4%, with a forecast of declining net profit and revenue last year, while operating cash flow increased by over 33%.

HYGEIA HEALTH (06078) rose over 4%, as of press time, up 4.13% to HK$13.35, with a turnover of HK$62.3713 million. On the news front, HYGEIA HEALTH announced that it expects revenue in 2025 to be approximately RMB 40.0-40.5 billion, a year-on-year decrease of about 9% to 10%; net profit is expected to be approximately RMB 1.4-2.0 billion, a year-on-year decrease of about 66% to 76% (mainly affected by goodwill impairment); adjusted net profit is expected to be approximately RMB 4.5-4.9 billion, a year-on-year decrease of about 19% to 25%; and operating cash flow is expected to be approximately RMB 9.4-10.0 billion, 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 was mainly due to industry and macroeconomic factors, as well as the impact of increased start-up and depreciation expenses for the Group's new hospitals. In addition to the above factors, the decrease in net profit for the year ended December 31, 2025, was mainly due to an impairment provision for goodwill of Etern Group Ltd. When determining the necessity and amount of impairment and provisions, the company carefully evaluated the operational and financial performance of the Group and the future prospects of its business. The actual impairment and provision amounts will need to be further assessed by the company.