Waterdrop Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was CNY 659.36 million compared to CNY 679.47 million a year ago. Net income was CNY 59.06 million compared to CNY 126.2 million a year ago. Basic earnings per share from continuing operations was CNY 0.2 compared to CNY 0.3 a year ago. Diluted earnings per share from continuing operations was CNY 0.2 compared to CNY 0.3 a year ago.
For the full year, sales was CNY 2,630.71 million compared to CNY 2,801.77 million a year ago. Net income was CNY 167.22 million compared to CNY 607.72 million a year ago. Basic earnings per share from continuing operations was CNY 0.4 compared to CNY 1.5 a year ago. Diluted earnings per share from continuing operations was CNY 0.4 compared to CNY 1.5 a year ago.