Sipai Health Technology Co., Ltd. (HK:0314) has released an update.
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Sipai Health Technology Co., Ltd. has released its interim results for the first half of 2024, showcasing a strategic refocus on core businesses leading to a 5.5% revenue increase in those areas. The company also reported a significant 43.6% revenue growth in its Enterprise Health Insurance Business, driven by its ‘Dual-Drivers’ model, despite economic challenges. Additionally, they have successfully reduced their adjusted loss by 47.4%, moving closer to profitability, thanks to organic growth and operational efficiency improvements including digital transformation initiatives.
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