According to the Zhitong Finance App, Meihao Group (01947) announced its annual results for the year ended December 31, 2023, with revenue of 73.513 million yuan (RMB, same below), a year-on-year decrease of 42.3%; parent company owners should have accounted for a loss of 13.59 million yuan, profit of 28.4.56 million yuan for the same period last year; a basic loss of 2.27 points per share.

The decrease in revenue during the period was mainly due to the reduction in revenue generated by implantology, which was mainly due to collection policies; and the loss of consultation rates. This was mainly due to the intense collision of market competitiveness, and overseas dental hospital brands gradually expanded into the local market in mainland China.