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    2138   KYG3037S1021

EC HEALTHCARE

(2138)
  Report
Delayed Hong Kong Stock Exchange  -  03:08 2022-11-25 am EST
5.120 HKD   -1.73%
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EC Healthcare announces memorandum of understanding with AXA Hong Kong & Macau

09/08/2022 | 04:57am EST

The board of directors of the Company informed the shareholders of the Company (the "Shareholders") and potential investors that on 8 September 2022 (after trading hours), the Company has entered into a non-legally binding memorandum of understanding (the "MOU") with AXA Hong Kong & Macau ("AXA") for a strategic partnership, pledging to work together to provide professional, quality and hassle-free one-stop health management services to AXA customers in the future (the "Strategic Partnership"). Under the Strategic Partnership, the first AXA Medical Centre, jointly set up by AXA and the Group which is located at the World Trade Centre in Causeway Bay was unveiled on 8 September 2022. Together with the AXA designated Endoscopy and Day Surgery Centre in Central, both centres will officially start operating in November this year.

The AXA Medical Centre aims to provide one-stop hassle-free comprehensive health management services to AXA's customers. This 5,000-plus-square-feet centre offers various services such as preventive medicine, body checks, vaccinations, nutritional counselling and health management with support from on-site medical professionals including general practitioners, Chinese medicine practitioners, dieticians as well as radiographers. The AXA Medical Centre provides various body check services such as chest and abdominal X-rays, ultrasound scans, gynaecological examination, electrocardiogram (ECG), and exercise ECG with over 10 body examination rooms. Other services include allergy tests, non-invasive genetic screening tests for colorectal cancer, genetic screening tests and all pre-insurance health screening for AXA's customers.

Should AXA customers' check-ups reveal that further medical examination or treatments be required, they will be seamlessly referred on spot to specialists to save waiting time.


ę S&P Capital IQ 2022
All news about EC HEALTHCARE
11/24EC Healthcare's April-September Profit Falls on Higher Expenses
MT
11/24EC Healthcare Announces FY2022/23 Interim Results, Revenue Increased 31.1% YoY Mainly D..
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11/23EC Healthcare Announces Interim Dividend for the Six Months Ended 30 September 2022, Pa..
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11/23EC Healthcare Reports Earnings Results for the Half Year Ended September 30, 2022
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11/11EC Healthcare Provides Earnings Guidance for the Six Months Ended 30 September 2022
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More news
Financials
Sales 2023 3 734 M 478 M 478 M
Net income 2023 283 M 36,2 M 36,2 M
Net Debt 2023 - - -
P/E ratio 2023 22,4x
Yield 2023 3,39%
Capitalization 6 048 M 774 M 774 M
Capi. / Sales 2023 1,62x
Capi. / Sales 2024 1,30x
Nbr of Employees 2 557
Free-Float 38,8%
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Technical analysis trends EC HEALTHCARE
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Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 6
Last Close Price 5,12 HKD
Average target price 8,10 HKD
Spread / Average Target 58,3%
EPS Revisions
Managers and Directors
Lyn Wade Lu Co-Chief Executive Officer & Executive Director
Chi Fai Tang Chairman & Co-Chief Executive Officer
Heung Wing Lee Finance Director
Kun Shing Luk Non-Executive Director & Chief Information Officer
Ka Ki Wong Executive Director & Chief Investment Officer
Sector and Competitors