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Sinohealth Holdings Reports Strong 2024 Financial Results Driven by AI Innovations

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Sinohealth Holdings Reports Strong 2024 Financial Results Driven by AI Innovations

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Sinohealth Holdings Ltd. ( (HK:2361) ) has shared an announcement.

Sinohealth Holdings Ltd. announced its annual results for 2024, highlighting a 1.9% increase in revenue and a 10.8% rise in net profit. The company has made significant technological advancements, particularly in AI large models, which have enhanced operational efficiency and profitability. The gross profit margin improved to 57.8%, and the net profit margin increased to 27.7%. These developments have positioned Sinohealth for continued growth and strengthened its competitive edge in the healthcare industry.

More about Sinohealth Holdings Ltd.

Sinohealth Holdings Ltd. operates in the healthcare industry, providing digital and intelligent solutions through AI-driven technology. The company focuses on offering services such as AI agent applications for healthcare, pharmacies, business, health management, and R&D, leveraging its extensive experience and data assets to support digital transformation and market expansion.

YTD Price Performance: -39.63%

Average Trading Volume: 72,516

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.4B

See more data about 2361 stock on TipRanks’ Stock Analysis page.

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