Business
Glory Health Industry: Revenue and contracted sales plunged, with a deepening net loss and accelerated shift to health industry
Glory Health Industry: Revenue and contracted sales plunged, with a deepening net loss and accelerated shift to health industry

About this update from Glory Health Industry Limited
Revenue fell 67.2% year-over-year to RMB324.2 million, with gross profit dropping to RMB4.4 million and net loss attributable to owners widening to RMB225.2 million. Contracted sales declined 45%, and the company is accelerating its transition from real estate to the health industry amid ongoing market challenges.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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