HC Surgical posts 130.8% rise in 1H earnings to $5 mil on higher revenue and other income

Catalist-listed HC Surgical Specialists saw its earnings more than double to a record $5 million in 1HFY2021 ended November, from $2.17 million a year ago.

This was mainly attributable to higher revenue during the half-year period, which rose 12.4% y-o-y to $11.0 million from $9.8 million the year before.

According to HC Surgical, the increase in revenue was mainly due to the increase in the number of patients after the circuit breaker measures were lifted in June 2020.