On February 27, 2020, GS Holdings (043A), a Singapore listed company, issued its financial report for 2019: since GS fully launched the major business of comprehensive health, its turnover has increased significantly, and it turned its loss into profit in 2019, achieving after tax profit of 21.42 million Singapore dollars, and its performance is expected to continue to grow in 2020.

 

It is understood that GS's original F&B, cleaning service sector has been in deficit for years. Since it stepped into the comprehensive health sector and entered the huge market in China, its overall operation has been in the recovery and rise period, and its financial situation has been effectively improved.

 

Along with the comprehensive health of GS strategic transformation, the stock price has been rising consecutively, and attracted investors' attention dramatically. At the end of 2019, GS gradually stripped the original F&B, cleaning services, and the main business has all turned to the comprehensive health sector. In the future, GS will prioritize comprehensive health as the core business of strategic development, implement enabling investment, cultivate the company's management ability in comprehensive health sector, and increase and realize the implementation of M & A projects in the field of comprehensive health.

 

With the implementation of China's 13th five year plan, healthy China has been officially elevated as "national strategy". Compared with other developed countries, the added value of health industry accounts for more than 15% of GDP, while China only accounts for 5%, even lower than many developing countries. At present, the annual income of China's health industry is only about US $100 billion, while the output value of the US health industry has exceeded US $1 trillion. GS has a keen insight into the industrial dividend brought by comprehensive health, and quickly realized the strategic transformation of great health in 2018.

 

To date, GS has successively served 14 health management centers in Zhengzhou, Hangzhou, Shanghai, Beijing, Qinhuangdao, Nanjing, Kaifeng, Xiamen, Huludao, Guangzhou, Kunming, etc., and started to extend the comprehensive health service tentacles to the community comprehensive health service. Its business scope has continued to expand, achieving rapid growth, cross-border integration and innovative development to become a global excellent comprehensive health service provider.

 

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