EC Healthcare Expects Third Quarter FY23 Sales Volume to Broaden no longer no longer up to 8% YoY

HONG KONG, Jan 20, 2023 – (ACN Newswire) – EC Healthcare (the “Company”, which along with its subsidiaries is generally known because the “Community”, SEHK inventory code: 2138), the supreme non-effectively being facility medical neighborhood in Hong Kong*, is relaxed to convey that the Community expects sales quantity for the length of October to December 2022 (the “Quarter”) to broaden by no longer no longer up to 8% as as in contrast with the same length last one year.The seek info from on medical companies and products supplied by the Community stays robust and the Community’s increasingly a form of enterprise demonstrated resilience and apt momentum. The Board expects to file total sales quantity of no longer no longer up to HK$1,000 million for the Quarter, representing a no longer no longer up to 8% YoY prolong. The Community expects to operate a no longer no longer up to 39% YoY prolong for medical companies and products sales quantity. Sales quantity of fine-searching medical and grace and wellness companies and products in Hong Kong and Macau declined by no bigger than 17% YoY, while sales quantity of fine-searching medical and grace and wellness companies and products in Mainland China declined by no bigger than 50% YoY throughout the Quarter. The decrease in neutral correct-searching medical and grace and wellness companies and products became once mainly due to the (i) weaker native person spending due to the broaden in outbound touring amid the lifting of inbound quarantine restrictions; (ii) the pessimistic financial outlook and outmoded native person sentiment precipitated by excessive inflation and rising curiosity rate; and (iii) the omicron outbreak in Mainland China. In addition, the sales quantity of various companies and products declined by no longer no longer up to 8% YoY.

Mr. Eddy Tang, Chairman, Govt Director and Chief Govt Officer of EC Healthcare acknowledged, “The Community is relaxed to head searching the preliminary section of border re-opening between Hong Kong and Mainland utilized earlier this one year and the Mainland guests began to return on a slow basis. With the leading effect and one-stop a form of companies and products, the Community has repeatedly been the tip substitute for medical vacationers. The Community has maintained its leading position within the neutral correct-searching medical enterprise while severely strengthening its medical companies and products capabilities. In addition, the Community’s continuous investment in IT methods and enterprise price chain integration has enabled the Community to contain interplay the enhance substitute and use seek info from from medical vacationers. The Community will provide quality, realistic, accessible and sustainable healthcare companies and products to a powerful wider vary of prospects and continue to broaden its agencies via organic enhance as effectively as mergers and acquisitions to counterpoint the Community’s enclosed a form of ecosystem. The Community might even extra strengthen the resilience and capacity to withstand cyclical financial changes and extra consolidate the healthcare market.”

About EC Healthcare

EC Healthcare is Hong Kong’s supreme non-effectively being facility medical carrier provider*, leveraging its core agencies of preventive and precision treatment, and dedicated to establishing medical man made intelligence by integrating its multi-disciplinary medical companies and products. The switch, which is supported by the Community’s excessive-stop branding and quality customer companies and products, is geared in direction of offering prospects safe and efficient healthcare and medical companies and products with professionalism. The Community is a constituent inventory of the Hang Seng Composite Index and the MSCI Hong Kong Dinky Cap Index.

The Community largely engages within the provision of one-stop medical and effectively being care companies and products in Elevated China. The Community affords a rotund vary of companies and products and products under its effectively-identified brands, including those of its one-stop neutral correct-searching medical alternatives provider DR REBORN which has ranked first in Hong Kong by sales for years, a authentic hair care center HAIR FOREST, fundamental care clinics collectively established with effectively being management centre re:HEALTH, a vaccine centre Hong Kong Legit Vaccine HKPV, General outpatient health center Tencent Doctorwork, the supreme one-stop wretchedness management centre in Hong Kong Fresh York Medical Community, the comprehensive dental centres Bayley & Jackson Dental Surgeons, EC DENTAL CARE and Health and Care Dental Sanatorium, an superior diagnostic and imaging centre HKAI, an oncology treatment centre reVIVE, a day procedure centre HKMED, a specialty health center PREMIER MEDICAL CENTRE, SPECIALISTS CENTRAL and NEW MEDICAL CENTER, a paediatric centre PRIME CARE, a gynaecology specialist ZENITH MEDICAL CENTER AND PRENATAL DIAGNOSIS CENTRE, PathLab Medical Laboratories, Ophthalmology Center VIVID EYE and EC Veterinary Sanatorium and Imaging Center.

*In step with self sustaining learn conducted by Frost and Sullivan in phrases of earnings in 2020 and 2021

For extra info, please contact:

iPR Ogilvy Restricted

Callis Lau / Lorraine Luk / Tim Tin

Tel: (852) 2136 6952 / 2169 0467 / 3920 7654

Fax: (852) 3170 6606

Electronic mail: [email protected]

Topic: Press open abstract

Source: EC Healthcare

Sectors: Healthcare & Pharm


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