HBI Deals+Insights / News

Disappointing birth rates in China slash ob/gyn group Harmonicare’s profit

A disappointing birth rate saw profits plunge at Harmonicare Medical Holdings, the largest private Chinese hospital group dedicated to gynaecology, obstetrics and paediatrics, despite China scrapping its single child policy.  The company's 2017 FY report shows Harmonicare’s net profit dropped by 71% to RMB27.39m (US$6.8m) and diluted earnings per share also plunged by 71% to RMB36.10 (US$5.7m). EBITDA also […]

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