Ping An Good Doctor (1833.HK) Reports Solid Interim Results with Steady Revenue and Profit Growth

In terms of financial performance, the Company recorded revenue of
In the first half of 2025, the Company's core businesses performed steadily, with revenue from the integrated finance business ("F-end") and corporate clients ("B-end") corporate health management business increased by 30.2% year-on-year. As two major core hubs, family doctor services and senior care concierge services, continuously improved service standards and efficiency, leading to a significant increase in member coverage. Specifically, the Company had over 35.0 million users entitled to family doctor service benefits, while those entitled to home-based senior care benefits increased by 83% year- on-year, indicating an expansion in user scale.
In terms of technological innovation, leveraging its "data + models + scenario" closed-loop advantage, the Company strengthened its capabilities in AI-driven healthcare services and accelerated the application of its solutions. It continued to enhance its large multi-modal model, Ping An Medical Master®, based on Ping An's six world-leading medical databases as well as data from 1.44 billion online consultation records. Building on this foundation and with further optimization of five vertical models for key medical scenarios, the Company introduced the "7+N+1" AI medical product matrix during the reporting period. Through AI empowerment, the accuracy rate of AI-assisted inquiry and consultation reached approximately 98%, while the accuracy of MDT complex disease treatment accuracy was nearly 80%. AI helped doctors handle as many as 4.0 million consultation requests per day and cut family doctors' average service cost per customer by approximately 52% year-on-year. In addition, AI-driven process reengineering and optimization helped improve the middle office's operational efficiency by approximately 50% year-on-year.
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