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Waterdrop Inc. reports a massive 119.8% jump in annual net profit, reaching RMB 367.5 million in 2024.
Waterdrop Inc., a technology platform for insurance and healthcare services, reported a significant 119.8% increase in its annual net profit for 2024, reaching RMB 367.5 million.
Fourth-quarter net profit rose 68.7% to RMB 99.6 million.
The company's insurance business saw first-year premiums increase by 24.5% to RMB 1,897.9 million.
Waterdrop also announced a cash dividend of US$0.02 per ADS.
The company aims to maintain profitability and expand operations in 2025.
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Waterdrop Inc. reporta un masivo aumento del 119,8% en el beneficio neto anual, alcanzando 367,5 millones de yuan en 2024.