SINGAPORE (June 5): Maybank Kim Eng is keeping its “buy” call on ophthalmology specialist ISEC Healthcare with a lower target price of 40 cents, from 42 cents previously.
With three centres in Malaysia and one in Singapore, ISEC provides competitively-priced eye surgery, care and consultancy services.
For the first quarter ended March, ISEC saw a 5% growth in earnings to $1.7 million, on the back of a 24% increase in revenue to $8.5 million.
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