Annual Report 2024

FINANCIAL SUMMARY 152 The United Laboratories International Holdings Limited Annual Report 2024 RESULTS Year ended 31 December 2020 2021 2022 2023 2024 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 Revenue 8,772,488 9,703,438 11,334,262 13,739,879 13,758,937 Profit before taxation 882,334 1,202,647 2,006,766 3,344,148 3,288,898 Tax expense (181,416) (213,062) (425,743) (643,303) (631,077) Profit for the year attributable to owners of the Company 702,989 988,098 1,581,094 2,701,350 2,659,704 ASSETS AND LIABILITIES As at 31 December 2020 2021 2022 2023 2024 RMB’000 RMB’000 RMB’000 RMB’000 RMB’000 Total assets 14,963,714 16,331,119 18,979,625 21,017,180 25,833,052 Total liabilities (6,351,879) (6,991,211) (8,370,194) (8,269,562) (11,397,812) Equity attributable to owners of the Company 8,613,906 9,340,492 10,608,086 12,734,778 14,388,283 Non-controlling interests (2,071) (584) 1,345 12,840 46,957