Stock Movement | Health 160 Hits New High Before Plunging Over 20%

SighingCashier · 2026-03-18T02:50:46+00:00

Health 160 announced a forecast that last year's adjusted net profit will turn from loss to profit, and the stock price initially rose then fell, declining more than 20% at most. The company expects that in 2025, gross margin growth and cost reduction will help achieve net profit of 3 million to 5 million RMB.

SighingCashier

2026-03-18 02:50:46

Abstract generation in progress

Healthy 160 (02656) announced last year’s adjusted net profit, causing the stock price to rise initially and then sharply fall, reaching a new high before dropping more than 20%.

This morning, the stock rose as much as 4.9%, reaching 158.4 HKD. After hitting a new high, it declined, with a maximum drop of 31.3%, to 103.7 HKD. As of 10:28 a.m., it was at 113.4 HKD, down 24.9%, with a turnover of 83.4 million HKD.

The company announced that it expects to record an adjusted net profit of 3 million to 5 million RMB for the fiscal year ending in 2025, compared to an adjusted net loss of 31.5 million RMB in 2024. This marks the group’s first full-year profit after adjustments.

The company stated that the turnaround to profit was mainly due to year-over-year revenue growth, which led to a slight increase in gross profit; and through refined management and continuous improvement in operational efficiency, total annual operating expenses were significantly reduced.

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