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Business Summary: Genertec Universal Medical Group Co Ltd, formerly Universal Medical Financial & Technical Advisory Services Co Ltd, is a company engaged in healthcare business. The Company mainly operates through two segments. The Finance Business segment mainly includes direct finance leasing, sale and leaseback, factoring, operating leases and advisory services. The Healthcare Business segment mainly includes healthcare services, hospital operation management and medical equipment import and export trade and domestic trade, equipment full cycle management and medical digital technology services. The Company mainly conducts business in China.
Financial Summary: BRIEF: For the six months ended 30 June 2024, Genertec Universal Medical Group Co Ltd revenues decreased 3% to RMB6.54B. Net income applicable to common stockholders increased 4% to RMB1.14B. Revenues reflect Finance business segment decrease of 11% to RMB2.66B. Net income reflects Other expenses decrease of 91% to RMB19.3M (expense). Basic Earnings per Share excluding Extraordinary Items increased from RMB0.58 to RMB0.60.