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Xikang Cloud Hospital Holdings Inc.'s (HKG:9686) Share Price Boosted 35% But Its Business Prospects Need A Lift Too
XIKANG CLOUD: 2024 ANNUAL REPORT
Xikang Cloud Hospital Announces Board Changes
XIKANG CLOUD (09686.HK): Qi Guo has been appointed as a member of the audit committee.
On April 22, Gelonghui reported that XIKANG CLOUD (09686.HK) announced that Chen Lianyong has resigned from his positions as Non-Executive Director, member of the Company's Audit Committee, and member of the Global Strategy Committee due to other work arrangements, effective from April 18, 2025. Independent Non-Executive Director Qi Guoxian has been appointed as a member of the Audit Committee, effective from April 18, 2025.
Cash flow has turned positive for the first time! XIKANG CLOUD's home care revenue surged by 77.7% in 2024, accelerating its lead in the silver economy sector.
Shanghai, March 21, 2025 / PR Newswire / -- On March 20, 2025, XIKANG CLOUD Holding Co., Ltd. (hereinafter referred to as "XIKANG CLOUD"; Stock Code: 9686.HK) released its financial performance announcement for the year 2024. During the reporting period, the company's total revenue was 0.501 billion yuan, and the operating net cash flow turned positive for the first year, approximately 21.56 million yuan. The adjusted net loss for the year was significantly reduced by 34.8% compared to the previous year, with revenue from the strategic business in home care increasing by 77.7% year-on-year, marking that the company's business has entered a positive development track and possesses strong self-sustaining capabilities, turning losses into gains.
XIKANG CLOUD: ANNUAL RESULTS ANNOUNCEMENT FOR THEYEAR ENDED DECEMBER 31, 2024
