Town Health Posts Loss in First Half of 2024

Town Health International Medical Group Ltd. (HK:3886) has released an update.

Town Health International Medical Group Ltd reported a significant financial downturn for the first half of 2024 with a net loss of HK$28,542,000, contrasting sharply with the net profit of HK$38,683,000 in the same period the previous year. Revenue remained relatively stable at around HK$914 million, but no interim dividend will be distributed. Despite the losses, the Group’s net current assets and total assets showed a slight increase from the end of 2023.

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