Aesthetic Medical International Holdings Group Ltd. American Depositary Shares - AIH STOCK NEWS

Aesthetic Medical International Holdings Group Limited (AIH) announced its unaudited financial results for Q3 2020, reporting revenue of RMB281.3 million (US$41.4 million), up 18.2% from Q3 2019. The number of active customers increased by 16.4% year-over-year to 83,222. However, the company suffered a loss of RMB17.7 million (US$2.6 million), contrasting with a profit of RMB118.8 million in Q3 2019. Despite challenges posed by COVID-19, management noted a recovery in customer engagement and market conditions, and future revenue growth is anticipated as operations stabilize.

Aesthetic Medical International Holdings Group Limited (AIH), a leader in aesthetic medical services in China, will host its earnings conference call on November 30, 2020, at 8:00 am ET. The call will discuss the financial results for the third quarter ended September 30, 2020. Investors can access the call via dial-in or webcast, with details provided in the press release. AIH is recognized as the third-largest private aesthetic medical services provider in China based on 2018 revenue, with treatment centers across major cities and presence in Hong Kong and Singapore.

Aesthetic Medical International Holdings Group Limited (AIH), a leading aesthetic medical services provider in China, has signed a strategic cooperation agreement with Chengdu Meb Network Technology Co., Ltd. This collaboration will enhance AIH's access to Meb's multi-channel network, broadening its consumer reach. Meb will provide marketing services, including staff training and promotional tools, to optimize AIH's social media presence. This partnership aims to strengthen service quality and foster a beneficial environment in China's aesthetic medical industry.

Aesthetic Medical International Holdings Group Limited (NASDAQ: AIH) announced a share repurchase program allowing up to US$6 million in American depositary shares to be bought back over the next year, effective until October 12, 2021. The repurchases will depend on market conditions and the company’s financial needs. The board will periodically review and adjust the program as necessary. AIH is known for its extensive aesthetic medical services in China, operating numerous treatment centers across major cities and internationally.

Aesthetic Medical International Holdings Group Limited (Nasdaq: AIH) reported its unaudited financial results for Q2 2020, reflecting the ongoing impact of COVID-19. Total revenue declined 21.4% to RMB166.7 million (US$23.6 million), with gross profit dropping 34.5% to RMB95.2 million (US$13.5 million). The company recorded a loss of RMB64.4 million (US$9.1 million), a significant downturn from a profit of RMB57.5 million in Q2 2019. Despite these challenges, active customers rose 13.9% to 66,344, and the company plans growth through acquisitions and enhancing brand awareness.

Aesthetic Medical International Holdings Group Limited (Nasdaq: AIH) will host an earnings conference call on September 25, 2020, at 8:00 am ET, to discuss its Q2 financial results for the period ending June 30, 2020. Interested participants can join via dial-in or webcast. AIH is a leading aesthetic medical service provider in China with over 20 years of clinical experience. The company operates multiple treatment centers across major cities in China, Hong Kong, and Singapore.

Aesthetic Medical International Holdings Group Limited (AIH) will hold its 2020 Annual General Meeting (AGM) on September 15, 2020, at its headquarters in Shenzhen, China. Shareholders as of September 5, 2020, are entitled to vote. The meeting will discuss resolutions requiring shareholder adoption, detailed in the AGM notice and Proxy materials available on the company’s website. The company, renowned for its aesthetic medical services in China, has been a significant provider in the sector.

For participation details, including dial-in instructions, please refer to the provided contact information.

Aesthetic Medical International Holdings Group Limited (AIH) has announced the acquisition of a 51% equity interest in Guangdong Hanfei Investment Management Co., Ltd. This 4th acquisition of 2020 aims to enhance AIH's capabilities in delivering aesthetic medical services across China. Hanfei operates four treatment centers and will adopt AIH's scalable business model. The move aligns with AIH's growth strategy and responds to the increasing demand in the aesthetic sector. Chairman Dr. Zhou Pengwu expressed confidence in this acquisition as a crucial step for the company's expansion and customer base enhancement.

Aesthetic Medical International Holdings Group Limited (AIH) reports Q1 2020 results, showing a significant 49.7% revenue decline to RMB91.0 million (US$12.9 million) due to COVID-19 disruptions. Gross profit decreased 71.2% to RMB34.9 million (US$4.9 million), resulting in a loss of RMB83.1 million (US$11.7 million), compared to a profit of RMB22.7 million in Q1 2019. The gross margin fell to 38.3%, a decrease of 28.7 percentage points. The company aims for revenue recovery in Q2 2020 as operations resume.