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HC Surgical's half-year earnings slide 73.6%

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SINGAPORE (THE BUSINESS TIMES) - HC Surgical Specialists posted a 73.6 per cent decline in net profit to $1.3 million for the six months ended May 31, 2020, from $5 million a year ago.. Read more at straitstimes.com.

SINGAPORE - HC Surgical Specialists posted a 73.6 per cent decline in net profit to $1.3 million for the six months ended May 31, 2020, from $5 million a year ago.

The drop in full-year revenue was primarily due to the disposal of investments in two subsidiaries - HMC Medical in July 2019 and CTK Tan Surgery in September 2019 - as well as the"circuit-breaker" measures. The payout date and books closure date will be announced later if the proposed final dividend is approved at the upcoming annual general meeting on Sept 29.

 

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HC Surgical's half-year earnings slide 73.6%HC Surgical Specialists posted a 73.6 per cent decline in net profit to S$1.3 million for the six months ended May 31, 2020, from S$5 million a year ago. Read more at The Business Times.
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HC Surgical's half-year earnings slide 73.6%HC Surgical Specialists posted a 73.6 per cent decline in net profit to S$1.3 million for the six months ended May 31, 2020, from S$5 million a year ago. Read more at The Business Times.
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