Singapore's AsiaMedic HY loss narrows sharply on diagnostic imaging growth
Singapore's AsiaMedic HY loss narrows sharply on diagnostic imaging growth
Overview
Singapore healthcare provider's half-year revenue fell 2% yr/yr to S$16.2 mln
Company's half-year loss narrowed 93% yr/yr
Outlook
Company did not provide specific financial guidance or outlook for the current or future periods in the press release
Result Drivers
EXPENSE REDUCTIONS - Lower personnel, depreciation, finance, and other operating expenses contributed to narrowing the half-year loss
DIAGNOSTIC IMAGING GROWTH - Diagnostic imaging and radiology services increased 22% and remained the Group's largest revenue contributor, accounting for over 80% of total group revenue
Company press release: ID:nSN3QJs77
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| S$16.20 mln |
|
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(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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