SINGAPORE (Jan 9): Medical services group HC Surgical Specialists saw its earnings surge to $2.5 million for the 1H2018 ended November, from $0.1 million a year ago.
Excluding one-off items incurred in 1H2017, including IPO expenses, interest on redeemable convertible loan and fair value gain on derivative financial instruments, HCSS would have seen earnings of $1.5 million a year ago.
The increase was on the back of an 80% growth in revenue to $7.7 million in 1H18, largely due to the capturing of the full six months contributions from new subsidiaries.
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