SINGAPORE (Nov 12): Clearbridge Health recorded a loss of $2.5 million for the 3Q ended Sept, 21.4% smaller than its net loss of $3.2 million a year ago on higher revenue derived from its newly-commenced businesses.

Revenue for the quarter was $2.05 million compared to just $0.1 million in 3Q17, upon recording contributions from Clearbridge’s medical clinics/centres in Singapore and Hong Kong, which commenced operations in July 2017.

The group’s topline growth in 3Q was also supported by contributions from Clearbridge Medical (Philippines); Medic Laser and Medic Surgical; and PT Tirta Medika Jaya – all of which were acquired in 2018.

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