BY-HEALTH Third Quarterly Report

On Oct 26, BY-HEALTH released its 2021 third quarterly report. In the first three quarters, the company achieved revenue of RMB 6.029 billion yuan (USD $940 million), up 19.79% year-on-year, and net profit attributable to shareholders of the listed company was RMB 1.663 billion yuan (USD $260 million), up 13.37% year-on-year. As of the close of trading on October 27, BY-HEALTH’s total market capitalization was RMB 40.98 billion yuan (USD $6.37 billion).

As a result of driving changes in offline sales and changes related to the integrated online and offline operating mechanisms, BY-HEALTH’s third-quarter results declined. In the third quarter, the Company’s net income attributable to the parent company was RMB 292 million yuan (USD $45 million), down 42.23% year-on-year. In the fourth quarter, BY-HEALTH will continue to drive these changes through the first half of 2022. (Source: shuzhengkangxun)