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HealthyWay's 2024 Loss Narrows
Behind the sustained scale revenue and profits, Health Road (02587) relies on "three high" AI digital employees to open a new path for valuation leap.
In recent years, the Global Medical Industry has been undergoing an efficiency transformation driven by AI. In this transformation, Health Road, with its unique Global Strategy—avoiding the "arms race" of large models, but instead focusing on AI applications in niche scenarios, with "AI digital employees" as the core vehicle—has opened up a path for efficiency transformation in Medical Services.
Health Road (02587) recorded revenue of 1.201 billion yuan in 2024, a year-on-year decrease of 3.5%, with net losses narrowing to 0.269 billion yuan.
Jinwu Finance | Health Road (02587) announced its annual performance results for the year ending December 31, 2024. During the reporting period, the company revenue was 1.201 billion yuan, a decrease of 3.5% year-on-year, mainly due to the decline in income from Medical Services; gross profit was 0.366 billion yuan, with a gross margin of 30.5%; the annual loss narrowed to 0.269 billion yuan, a decrease of 14.2% year-on-year. Adjusted Net income (non-IFRS) was 22.76 million yuan, compared to 39.41 million yuan in the same period last year. The Board of Directors does not recommend the distribution of a final dividend. The following are the detailed annual performance results: Revenue and profit.
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HEALTHYWAY INC: ANNUAL RESULTS ANNOUNCEMENTFOR THE YEAR ENDED 31 DECEMBER 2024