Asia
160 Health International to Return to Profit in H1
160 Health International (HKG:2656) expects to post a net profit of 1 million yuan to 3 million yuan for the six months ended June 30, against a loss of 19.6 million yuan a year earlier.The company attributed the turnaround to growth in hospitals using its 160AI Hospital platform, which increased the number of paying medical and healthcare institutions and boosted revenue from its high-margin digital healthcare business, according to a Hong Kong bourse filing.Shares of the company rose nearly 1% in Monday's trade.
HKG:2656
