In the first quarter, SSY GROUP's profit attributable to shareholders decreased by approximately 59.5% year-on-year to about HKD 168 million
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SSY GROUP announced its Q1 2025 performance, with profit attributable to shareholders decreasing by approximately 59.5% year-on-year to about HKD 168 million, revenue decreasing by 36.9% year-on-year to about HKD 1.136 billion, and gross profit decreasing by 50.6% year-on-year to about HKD 509 million. It is expected that profit attributable to shareholders will decline by approximately 45% to 60% year-on-year in the first half of 2025. The decline in performance is mainly due to factors such as the impact of the flu epidemic, medical insurance cost control, the expansion of volume-based procurement, and intensified industry competition
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