After the earnings report, PA GOODDOCTOR faced pressure, dropping over 9% at one point

PA GOODDOCTOR (01833.HK) faced pressure on its stock price after announcing its performance for the first nine months. Today (24th), it opened high at 1.74% but then turned around and fell, at one point dropping 9.4%. It is currently reported at HKD 14.47, down 6.52%, with a trading volume of 13.4998 million shares, involving HKD 195 million.

PA GOODDOCTOR announced after the market closed yesterday that its revenue for the first three quarters of this year increased by 13.6% year-on-year to RMB 3.725 billion (the same below). The net profit was RMB 184 million, an increase of 72.6% year-on-year; the adjusted net profit was RMB 216 million, up 45.7% year-on-year. Morgan Stanley pointed out that PA GOODDOCTOR's growth slowed in the third quarter of this year due to deteriorating fundamentals and seasonal factors.

PA GOODDOCTOR announced its interim results for the year in mid-August, reporting a turnover of RMB 2.502 billion, an increase of 19.5% year-on-year, and a net profit of RMB 134 million, up 136.8% year-on-year; earnings per share were 7 cents