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-0.0531177829099307 -0.0531177829099307 -0.0531177829099307 -0.0531177829099307 -0.00229407236335641 -0.00229407236335641 -0.00229407236335641 0.0123171670515781
Stock impact report

Concord Medical Reports Financial Results for the First Half of 2024

Concord Medical Services Holdings Limited American Depositary Shares (Each represents thirty (30) Class A ordinary shares) (CCM) 
Company Research Source: PR Newswire
BEIJING, Sept. 27, 2024 /PRNewswire/ -- Concord Medical Services Holdings Limited ("Concord Medical" or the "Company") (NYSE: CCM), a healthcare provider specialized in cancer treatment, research, education and prevention in China, today announced its unaudited consolidated financial results for the six months ended June 30, 2024[1].2024 First Half HighlightsTotal net revenues were RMB218.8 million (US$30.1 million) in the first half of 2024, representing a 23.1% decrease from total net revenues of RMB284.5 million in the same period last year. Total net revenues included the net revenues from the hospital business of RMB137.8 million (US$19.0 million) and the net revenues from the network business of RMB81.0 million (US$11.1 million).Gross loss was RMB41.6 million (US$5.7 million) in the first half of 2024, compared to the gross loss of RMB37.4 million in the first half of 2023. The gross loss margin was 19.0% for the first half of 2024, compared to 13.2% for the same period last yea Show less Read more
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