Waterdrop

Waterdrop Inc. to Report Fourth Quarter and Fiscal Year 2023 Financial Results on March 26, 2024

Retrieved on: 
Wednesday, March 13, 2024

BEIJING, March 13, 2024 /PRNewswire/ -- Waterdrop Inc. (NYSE: WDH) ("Waterdrop" or the "Company"), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023, before U.S. markets open on Tuesday, March 26, 2024.

Key Points: 
  • BEIJING, March 13, 2024 /PRNewswire/ -- Waterdrop Inc. (NYSE: WDH) ("Waterdrop" or the "Company"), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023, before U.S. markets open on Tuesday, March 26, 2024.
  • Waterdrop's management team will hold a conference call on March 26, 2024 at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time on the same day) to discuss the financial results.
  • Dial-in details for the earnings conference call are as follows:

Waterdrop Inc. Announces Third Quarter 2023 Unaudited Financial Results

Retrieved on: 
Thursday, December 7, 2023

BEIJING, Dec. 7, 2023 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE: WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced its unaudited financial results for the third quarter ended September 30, 2023.

Key Points: 
  • BEIJING, Dec. 7, 2023 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE: WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced its unaudited financial results for the third quarter ended September 30, 2023.
  • Our net operating revenue was RMB686.5 million (US$94.1 million), representing an increase of 1.1% quarter over quarter.
  • For the third quarter of 2023, the FYP generated through Shenlanbao amounted to RMB102.3 million (US$14.0 million), accounting for 6.0% of overall FYP.
  • Total Operating costs and expenses increased by 7.6% year over year to RMB688.5 million (US$94.4 million) for the third quarter of 2023.

Waterdrop Inc. to Report Third Quarter 2023 Financial Results on December 7, 2023

Retrieved on: 
Wednesday, November 22, 2023

BEIJING, Nov. 22, 2023 /PRNewswire/ -- Waterdrop Inc. (NYSE: WDH ) ("Waterdrop" or the "Company"), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2023, before U.S. markets open on Thursday, December 7, 2023.

Key Points: 
  • BEIJING, Nov. 22, 2023 /PRNewswire/ -- Waterdrop Inc. (NYSE: WDH ) ("Waterdrop" or the "Company"), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2023, before U.S. markets open on Thursday, December 7, 2023.
  • Waterdrop's management team will hold a conference call on December 7, 2023 at 7:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time on the same day) to discuss the financial results.
  • Dial-in details for the earnings conference call are as follows:

Waterdrop Will Expand Global Reach At Aquatech Amsterdam Exhibition With Showcasing A Variety Of Renowned Star Products

Retrieved on: 
Monday, October 23, 2023

AMSTERDAM, Oct. 23, 2023 /PRNewswire/ -- Waterdrop , a prominent player in the water treatment and purification sector, is set to make waves at the prestigious Aquatech Amsterdam Exhibition from November 6th to 9th, 2023.

Key Points: 
  • AMSTERDAM, Oct. 23, 2023 /PRNewswire/ -- Waterdrop , a prominent player in the water treatment and purification sector, is set to make waves at the prestigious Aquatech Amsterdam Exhibition from November 6th to 9th, 2023.
  • This redesign underlines the company's commitment to showcasing its strength as a dual-brand powerhouse and a customizable factory.
  • With a vision to provide high-quality products for purifying drinking water worldwide, Waterdrop is committed to strengthening its brand presence and global footprint.
  • It eliminates cumbersome fittings and saves space, bringing users pure water with the greatest convenience and comfort outdoors.

Waterdrop Inc. Announces Second Quarter 2023 Unaudited Financial Results

Retrieved on: 
Thursday, September 7, 2023

BEIJING, Sept. 7, 2023 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE: WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced its unaudited financial results for the second quarter ended June 30, 2023.

Key Points: 
  • BEIJING, Sept. 7, 2023 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE: WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced its unaudited financial results for the second quarter ended June 30, 2023.
  • Resilient business performance: For the second quarter of 2023, the first-year premiums ("FYP") generated through our Waterdrop Insurance Marketplace amounted to RMB2,197.0 million (US$303.0 million), representing an increase of 29.8% quarter over quarter.
  • In the second quarter of 2023, the FYP generated from critical illness insurance products accounted for 21.8% of overall FYP generated through our Waterdrop Insurance Marketplace.
  • Adjusted net profit attributable to Waterdrop for the second quarter of 2023 was RMB50.3 million (US$6.9 million), as compared with RMB232.5 million for the same period of 2022, and RMB96.4 million for the first quarter of 2023.

Waterdrop Inc. to Report Second Quarter 2023 Financial Results on September 7, 2023

Retrieved on: 
Wednesday, August 23, 2023

BEIJING, Aug. 23, 2023 /PRNewswire/ -- Waterdrop Inc. (NYSE: WDH ) ("Waterdrop" or the "Company"), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2023, before U.S. markets open on Thursday, September 7, 2023.

Key Points: 
  • BEIJING, Aug. 23, 2023 /PRNewswire/ -- Waterdrop Inc. (NYSE: WDH ) ("Waterdrop" or the "Company"), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2023, before U.S. markets open on Thursday, September 7, 2023.
  • Waterdrop's management team will hold a conference call on September 7, 2023 at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time on the same day) to discuss the financial results.
  • Dial-in details for the earnings conference call are as follows:

itel Launches New P40 Smartphone in Kenya, Featuring Powerful Performance

Retrieved on: 
Wednesday, June 7, 2023

itel, a reliable smart life brand ranked No.1 global smartphone brand in the $100 price segment, is proud to unveil its latest 4G flagship smartphone P40, with a bunch of noteworthy features and long-lasting battery performance.

Key Points: 
  • itel, a reliable smart life brand ranked No.1 global smartphone brand in the $100 price segment, is proud to unveil its latest 4G flagship smartphone P40, with a bunch of noteworthy features and long-lasting battery performance.
  • P40 features an 18W Type C fast charge, allowing users to enjoy up to 2 hours of chatting with just 10 minutes of charging.
  • P40 is also equipped with AI Power Master, itel’s intelligent battery lab, which can optimize battery performance and maximize battery life and efficiency.
  • In terms of camera, P40 is packed with a clearer 13MP rear camera, ensuring utmost clarity in capturing memorable moments.

WATERDROP ANNOUNCES THE PROPOSED ACQUISITION OF CUNZHEN QIUSHI

Retrieved on: 
Friday, June 9, 2023

BEIJING, June 9, 2023 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE: WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced that it has entered into definitive transaction documents in relation to the proposed acquisition of Shenzhen Cunzhen Qiushi Technology Co., Ltd. and its subsidiaries (collectively, "Cunzhen Qiushi", also known as "Shenlanbao").

Key Points: 
  • BEIJING, June 9, 2023 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE: WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced that it has entered into definitive transaction documents in relation to the proposed acquisition of Shenzhen Cunzhen Qiushi Technology Co., Ltd. and its subsidiaries (collectively, "Cunzhen Qiushi", also known as "Shenlanbao").
  • The Company will acquire 56% of the equity interest of Cunzhen Qiushi at the first closing, which is expected to take place in June 2023.
  • The remaining 40% equity interest of Cunzhen Qiushi will be acquired in three years, subject to certain closing conditions.
  • Upon completion of the proposed acquisition, Cunzhen Qiushi will become a wholly owned subsidiary of Waterdrop, and its financial results will be consolidated into our consolidated financial statements upon completion of the first closing of the proposed acquisition.

Waterdrop Inc. Announces First Quarter 2023 Unaudited Financial Results

Retrieved on: 
Friday, June 2, 2023

BEIJING, June 2, 2023 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE: WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced its unaudited financial results for the first quarter ended March 31, 2023.

Key Points: 
  • BEIJING, June 2, 2023 /PRNewswire/ -- Waterdrop Inc. ("Waterdrop", the "Company" or "we") (NYSE: WDH), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced its unaudited financial results for the first quarter ended March 31, 2023.
  • Resilient Business Performance: For the first quarter of 2023, the first-year premiums ("FYP") generated through our Waterdrop Insurance Marketplace amounted to RMB1,692.0 million (US$246.4 million), representing an increase of 6.3% quarter over quarter.
  • Effective cost control and sustained profitability: For the first quarter of 2023, our operating costs decreased by 11.0%, and total operating costs and expenses decreased by 1.8% quarter over quarter.
  • In the first quarter of 2023, the FYP generated from critical illness insurance products accounted for 26.9% of overall FYP generated through our Waterdrop Insurance Marketplace.

Waterdrop Inc. Announces Earnings Date Change: First Quarter 2023 Earnings Release Scheduled June 2, 2023

Retrieved on: 
Wednesday, May 31, 2023

BEIJING, May 30, 2023 /PRNewswire/ -- Waterdrop Inc. (NYSE: WDH ) ("Waterdrop" or the "Company"), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2023, before U.S. markets open on Friday, June 2, 2023, instead of the previously announced date of June 5, 2023.

Key Points: 
  • BEIJING, May 30, 2023 /PRNewswire/ -- Waterdrop Inc. (NYSE: WDH ) ("Waterdrop" or the "Company"), a leading technology platform dedicated to insurance and healthcare service with a positive social impact, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2023, before U.S. markets open on Friday, June 2, 2023, instead of the previously announced date of June 5, 2023.
  • Waterdrop's management team will hold a conference call on June 2, 2023 at 8:00 AM U.S. Eastern Time (8:00 PM Beijing/Hong Kong Time on the same day) to discuss the financial results.
  • Dial-in details for the earnings conference call are as follows: