ended Sept 30, compared to a net profit of S$5.07 million a year ago. This was attributed to higher operating expenses and costs associated with the opening of its multi-speciality medical centre in Paragon Medical Centre, as well as higher financing costs linked to healthcare asset acquisitions and lower investment tax allowance claimed. Thomson Medical shares closed up 0.1 Singapore cent or 1.7 per cent to S$0.06 before the results were announced.
70 per cent or S$0.005.The mainboard-listed food and beverage player is moving further away from its target of hitting a net profit margin of 8 per cent by 2022, going by its. The group has posted an 81 per cent year-on-year decline in its net profit to S$513,000 for the quarter ended Sept 30, from S$2.7 million for the corresponding period a year ago. The counter closed at S$0.55, up one cent or 1.85 per cent, on Tuesday before the financial results were released.
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