<a href="https://laohu8.com/S/NCRE">New Century</a> Healthcare Reports 26.8% Revenue Decline, RMB41.1 Million Loss for H1 2025
New Century Healthcare Holding Co. Ltd. reported its interim results for the six months ended June 30, 2025. The company recorded a revenue of RMB304.5 million, reflecting a 26.8% year-on-year decrease compared to the same period last year. Revenue from medical services was RMB301.0 million, a 27.0% decline, with pediatric services experiencing a 29.2% drop to RMB255.7 million, comprising 85.0% of the total medical services revenue. The number of pediatric outpatient visits decreased by 25.6% to 88,045. The company reported a loss before income tax of RMB41.1 million, contrasting a profit before income tax of RMB72.2 million in the same period of 2024. This loss was primarily due to a revenue decrease of RMB111.5 million and impairment losses of RMB33.7 million on certain goodwill and property, plant, and equipment. Revenue from outpatient medical services decreased by 25.4% to RMB182.5 million, while inpatient revenue declined by 29.3% to RMB102.8 million. No dividend was declared or paid to Beijing Children's Hospital, Capital Medical University, a non-controlling shareholder of Beijing New Century Children's Hospital Co., Ltd., a subsidiary of the Group.
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