China Resources Healthcare (01515) issues profit warning, expecting mid-term net profit attributable to shareholders to decrease by approximately 20% to 25% year-on-year.

date
04/08/2025
Intelligence Finance and Economics APP News, China Resources Medical (01515) announced that the company expects that the profit attributable to owners of the company for the six months ended June 30, 2025 will decrease by about 20% to 25% compared to the same period in 2024. After excluding the one-time receipt of previous year management fees and supply chain loss compensation of approximately RMB 210 million under the Yinhua IOT agreement and the corresponding corporate income tax, the profit attributable to owners of the company is expected to decrease by about 55% to 60% compared to the same period in 2024. The expected decrease in profit is mainly due to the decrease in the average medical insurance expenses leading to a decrease in operating profit of member medical institutions. At the same time, the company is gradually exiting the IOT (investment-operation-transfer) business, resulting in a decrease in corresponding profit contributions. In the second half of 2025, the company will continue to actively improve its revenue structure, promote refined management, control operating costs, and increase operational efficiency.