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New Century Healthcare Reports Revenue Decline Amid Reduced Service Demand

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New Century Healthcare Reports Revenue Decline Amid Reduced Service Demand

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New Century Healthcare Holding Co. Ltd. ( (HK:1518) ) just unveiled an announcement.

New Century Healthcare Holding Co. Ltd. reported a decline in revenue to RMB304.5 million for the first half of 2025, compared to the same period last year, primarily due to reduced demand for pediatric and obstetric services. The company also faced a loss before income tax of RMB41.1 million, attributed to decreased revenue and impairment losses on goodwill and property, impacting its financial performance and market positioning.

The most recent analyst rating on (HK:1518) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on New Century Healthcare Holding Co. Ltd. stock, see the HK:1518 Stock Forecast page.

More about New Century Healthcare Holding Co. Ltd.

New Century Healthcare Holding Co. Ltd. operates in the healthcare industry, focusing on providing pediatric, obstetric, and gynecologic services. The company is involved in delivering medical services to both outpatients and inpatients, catering to a significant market segment in these specialized healthcare areas.

Average Trading Volume: 60,107

Technical Sentiment Signal: Sell

Current Market Cap: HK$380.7M

Learn more about 1518 stock on TipRanks’ Stock Analysis page.

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