Thomson Medical posts Q1 net loss of S$1.01m on higher finance costs

THOMSON Medical on Monday announced that it turned in a net loss of S$1.01 million for the first quarter - versus a net profit of S$89,000 a year ago - partly due to higher finance costs.

Revenue grew 4 per cent to S$54.52 million in Q1 2019 on the back of higher inpatient volumes and higher average bill sizes at the group's hospitals and specialist clinics in Singapore and Malaysia. Loss per share came to 0.0039 Singapore cent, compared to earnings per share of 0.0003 cent a year ago.

In Singapore, the group expects to open its new flagship multi-specialty centre at Paragon Medical Centre in phases from late-July 2019. In Johor Bahru, piling works for the new Thomson Iskandar Medical Hub, which includes the 500-bed Iskandariah Hospital, are expected to be completed by Q3 2019.The counter closed at seven Singapore cents on Monday, down 0.2 cent.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

GSH Corp Q1 net profit dives 70.3% on higher cost of sales, finance expensesNET profit for GSH Corporation dived 70.3 per cent to S$329,000 for the first quarter ended March 31, down from S$1.1 million a year ago, the property developer reported in a Singapore Exchange (SGX) filing on Monday. Read more at The Business Times.
แหล่ง: BusinessTimes - 🏆 15. / 51 อ่านเพิ่มเติม »

Vicom posts Q1 net profit of S$7.3m on improved vehicle-testing businessVEHICLE-inspection group Vicom on Friday posted first-quarter net profit of S$7.3 million, up 4.8 per cent from the same period a year earlier. Read more at The Business Times.
แหล่ง: BusinessTimes - 🏆 15. / 51 อ่านเพิ่มเติม »