In 2022, Universal Medical adhered to the "Healthy China" strategy and continued to expand its footprint in the healthcare sector. The continuous improvement in the core capacity of the hospital group, the gradual perfection of and breakthroughs in the footprint expansion of the specialty business and the health conglomerate's units, and the smooth and stable development of the finance business all contributed to the realization of the vision "To Be the Most Trusted Global Leader in Medical & Healthcare Services".
In 2022, the Company recorded a revenue of
-Central State-Owned Enterprises Improved Core Competitiveness, and the Net Profit Margin of The Medical Institutions Increased by 0.42 Percent
The medical institutions are not only the Company's core resources to build a healthcare conglomerate, but also the R&D and training center of its specialized medical business, as well as the project cultivation and commercialization pool and the sharing center for basic resources and practice of the industrial units. With respect to the integrated healthcare service segment, focusing on the development of the hospital group's core capacity, the Company continuously build up the competition advantages of central state-owned enterprises in running medical care by reinforcing group management and control and upgrading professional operation, so as to facilitate positive and continuous development of the state-owned hospitals and constantly improve operation efficiency and effectiveness.
In 2022, the consolidated Hospitals of SOEs contributed to the Company a revenue of
In 2022, the Company consolidated the accounts of seven additional medical institutions with a capacity of 3,357 beds in total; and the number of consolidated medical institutions as at
-Specialties and Healthcare Industry Created New Growth Drivers for the
With the business foundation and professional core talent team of its own hospital group, the Company strived to build replicable capabilities of specialties and industry operation while serving internal quality and efficiency enhancement, so as to create new growth drivers for the listed company. The financial contribution of this new business segment mainly comes from providing hospital clients with life cycle management of medical equipment and medical devises sales, which recorded a total revenue of
Over the past year, the Company took solid steps in constructions of featured specialties such as nephrology and oncology as well as building core capabilities of the life cycle management of equipment. In addition, the Company has made various progress in the business layout of disciplines such as TCM, ophthalmology, stomatology as well as healthcare industry including Internet-based healthcare and health insurance.
As a listed company in the field of medical and healthcare, the Company strives to develop into a medical and healthcare conglomerate with financial service capabilities, featured specialty services and differentiated industrial business advantages, and gradually unleashes the value of its various business segments and assets. Looking forward, the Company will rely on the development foundation of the hospital group, and continue to build the industrial development foundation and team capabilities, with an aim to create more high-value profitable segments for the listed company while serving its member hospitals to reduce costs and increase efficiency.
-Finance Business Expanded Steadily and Earnings and Asset Quality Indicators Remained Excellent
As the continuous profit contributor of the Company, the finance business will always strive to maintain healthy and steady development while ensuring asset security, laying a solid foundation and cash cow for the sustainable development of the Company.
In 2022, faced with the complex economic situation, the Company always took risk control as a top priority, and were committed to ensuring quality project development for its customers. By keeping abreast of the market changes, the Company strived to arrange financing structure properly, so as to ensure liquidity security and reasonable financing cost control. The Company continued to optimise the dynamic management of pre-rental, rental, and post-rental process, and enhanced accountability to ensure its asset quality remaining at an industry-leading level while maintaining continuous and steady business expansion.
In 2022, the Company recorded income of finance business of
Given that the domestic and international economy and financial markets continue to be confronted with many risks, challenges and uncertainties, Universal Medical will continue to promote the steady and safe development of its finance business, and give full play to the finance business to empower the development of the medical care industry, so as to lay a solid foundation for the high-quality development of a central state-owned and listed enterprise.
2023 marks a critical year for
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PEANUT MEDIA LIMITED
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