HYGEIA HEALTH (06078) declined more than 5% following its profit warning. As of press time, the stock was down 5.47% to HK$15.22, with a turnover of HK$52.0017 million.
On August 15, HYGEIA HEALTH issued an announcement stating that for the six months ended June 30, 2025, the company expects revenue to decline approximately 15% to 17% compared to the same period last year; net profit to decrease approximately 34% to 39% year-on-year; non-IFRS adjusted net profit to fall approximately 32% to 37% compared to the previous year; and net cash from operating activities to increase approximately 28% to 32% year-on-year.
According to the announcement, the decline in revenue, net profit, and non-IFRS adjusted net profit for the six months ended June 30, 2025, was primarily due to industry impacts including volume-based procurement and DRG payment reforms, macroeconomic influences, and increased depreciation and amortization from the group's newly opened hospitals.