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2026-10-22 16:56:07 PA GOODDOCTOR (01833.HK) announced its results for the first three quarters ended September 2026. Revenue amounted to RMB3.508 billion, down 5.8% YoY. Net profit rose 35% YoY to RMB248 million. Excluding the impact of share-based payments and foreign exchange losses, adjusted net profit for the first three quarters increased 19.5% YoY to RMB258 million. During the period, the company continued to deepen its healthcare-insurance synergy model, focusing on refining and upgrading healthcare, wellness and elderly care products and services, while vigorously advancing the development of its corporate health management business. In the commercial insurance synergy business, the company focused on enhancing and upgrading its membership service system deeply integrated with insurance products to improve the differentiated competitiveness of insurance offerings. Through enriched healthcare service benefits, it also supported customer acquisition via scenario-based insurance marketing. In the corporate health management business, the company accelerated corporate customer expansion and strengthened online/offline operational conversion through enriched products and improved service quality. As of the end of the third quarter, the company had served more than 8,100 paying corporate customers over the past 12 months, representing YoY growth of nearly 60%. Meanwhile, GMV of the corporate health management business continued to grow. The company continued to strengthen its "Four-to" service system, further expanding its service network, improving service quality, and actively introducing third-party service providers to enrich service and product offerings. In terms of "Online-to", the number of users of its AI doctor continued to increase during the reporting period to nearly 13 million. In terms of "Hospital-to", for scenarios such as offline medicine purchases under corporate health management, the company continued to promote its Ping An healthcare payment service through direct connection methods, with QR code payment now available at 169,000 pharmacies nationwide. In terms of "Home-to", the company focused on scenarios including medical care, health management, safety and caregiving, continuing to deepen its home-based elderly care service capabilities. As of the end of the reporting period, more than 320,000 customers had qualified for home-based elderly care services. In terms of "Enterprise-to", the company continued upgrading its comprehensive enterprise clinic solutions to precisely match corporate health management needs. The company continued to deepen AI capability development and application deployment, building differentiated advantages through the "AI + real doctors" model to provide users with professional and personalized services. The company further upgraded its AI-assisted multidisciplinary treatment (MDT) platform for complex diseases. As of the end of the third quarter, the platform had covered four major disease categories, with diagnostic and treatment plan accuracy for multidisciplinary treatment of complex diseases reaching approximately 90%. Looking ahead, the company will accelerate the application of AI in more scenarios such as professional medical services and healthcare-insurance collaborative product innovation. (da)~ AASTOCKS Financial News Website: www.aastocks.com This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. | |