Alibaba Health reported revenue of CNY 16.7 billion for the six months ended September 30, 2025, representing a 17.0% increase from the same period last year. Gross profit grew by 18.4% to CNY 4.2 billion, with the gross profit margin rising to 25.1%. Fulfillment expenses reached CNY 1.4 billion, up 7.9%, while selling and marketing expenses rose 21.2% to CNY 1.2 billion. Administrative expenses totaled CNY 190.1 million, a 3.9% increase, and product development expenses were CNY 313.1 million, down 1.9% for the period. Pharmaceutical direct sales business revenue amounted to CNY 14.4 billion, up 18.6% year-on-year, and platform business revenue was CNY 1.8 billion, up 7.5%.
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