
M Stanley: Ping An Healthcare and Technology 1Q Results Show Operations Progressing Toward Full-Year Target, Rated "Equalweight"

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M Stanley reported that Ping An Healthcare and Technology's 1Q results indicate progress towards its full-year target, with revenue up 9.1% YoY to RMB1.16 billion and net profit soaring 138.4% YoY to RMB79.1 million. The company has over 7,500 paying users, a 89% YoY increase, and its AI doctor users reached 5.6 million. M Stanley maintains an "Equalweight" rating with a target price of HKD16.8.
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