SHANGHAI -- Ping An Healthcare & Technology said its revenue surged in the first half of the year, fueled by greater public acceptance of online health care services amid the coronavirus pandemic.
Still, the Shanghai-based company remained in the red, posting a net loss of 213 million yuan ($30.8 million) for the first six months of 2020, compared with a 272 million yuan loss in the same period last year. It blamed the loss partly on higher marketing expenses, which swelled 80% as resources were diverted into online medical services, the largest growth contributor among its four business segments.
