HK Stock Market Move | 160 HEALTH(02656) rose by over 10% to hit a new record high, with an expected turnaround from losses to profits for the first time last year, up to a maximum of 5 million yuan.

160 HEALTH (02656) rose more than 10%, hitting a high of 155.6 Hong Kong dollars and reaching a new high in the market. As of the press release, it has risen by 10.04%, trading at 154.6 Hong Kong dollars, with a turnover of 48.3843 million Hong Kong dollars. On the news front, 160 HEALTH announced a profit, and it is expected to achieve an adjusted net profit (measured under non-international financial reporting standards) ranging from 3 to 5 million Chinese yuan for the fiscal year ending on December 31, 2025, compared to an adjusted net loss of 31.5 million Chinese yuan for the same period last year. This is the first time the group has achieved a full-year profit in adjusted net profit. This is mainly attributed to an increase in revenue year-on-year, leading to a slight increase in gross profit; and through fine-tuning management and continuous improvement in operational efficiency, total operating expenses for the year have significantly decreased.