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5RE — Asia Vets Holdings News Story

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Singapore's Asia Vets Holdings half-year revenue rises, pretax loss narrows

Singapore's Asia Vets Holdings half-year revenue rises, pretax loss narrows


Overview

  • Singapore veterinary services firm's half-year revenue grew 6% yr/yr to S$1.23 mln

  • Gross profit for the period rose 19% yr/yr

  • Pretax loss narrowed to S$350,000 from S$4.33 mln a year earlier


Outlook

  • Company did not provide specific financial guidance or outlook for future periods


Result Drivers

  • LOWER ADMINISTRATIVE EXPENSES - Administrative expenses fell to S$779,000 from S$802,000 a year earlier


Company press release: ID:nSN80VZJN


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

H1 Revenue

S$1.23 mln

H1 Gross Margin

31.00%

H1 Gross Profit

S$380,000

H1 Pretax Loss

S$350,000


Reuters Recommended Reads

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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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