Town Health (TOWN HEALTH) announced the interim performance for the six months ended June 30, 2024. During the period, the group recorded revenue of approximately 91.428 billion Hong Kong dollars, slightly lower than the 91.683 billion Hong Kong dollars in the same period last year. The group incurred a net loss of approximately 2.854 billion Hong Kong dollars, compared to a net profit of approximately 3.868 billion Hong Kong dollars in the same period last year. The net value of current assets and total assets were approximately 13.607 billion Hong Kong dollars and 35.247 billion Hong Kong dollars, respectively. The current ratio was 3.78, while the debt ratio was 2.68%. The board of directors does not recommend the payment of interim dividends. During the period, the overall performance of the...Show More

Town Health (TOWN HEALTH) announced the interim performance for the six months ended June 30, 2024. During the period, the group recorded revenue of approximately 91.428 billion Hong Kong dollars, slightly lower than the 91.683 billion Hong Kong dollars in the same period last year. The group incurred a net loss of approximately 2.854 billion Hong Kong dollars, compared to a net profit of approximately 3.868 billion Hong Kong dollars in the same period last year. The net value of current assets and total assets were approximately 13.607 billion Hong Kong dollars and 35.247 billion Hong Kong dollars, respectively. The current ratio was 3.78, while the debt ratio was 2.68%. The board of directors does not recommend the payment of interim dividends. During the period, the overall performance of the group was impacted by various losses incurred outside of its daily business operations and the recognition of losses attributable to associated companies, primarily including fair value losses on investment properties, impairment losses on equity investments in associated companies, and fair value losses on financial assets. The group continues to develop its medical services and network management business in Hong Kong and mainland China, actively participating in government-funded grassroots medical health programs.