Catalist-listed OUE Lippo Healthcare reversed into the green with earnings of $113.8 million in 1HFY21 ended June. A huge contributor to this was a $109.97 million one-off gain arising from a shareholder loan conversion.

Excluding the gain, earnings came in at $3.67 million, reversing from the $1.26 million in losses seen in the previous year.

On a fully diluted basis, this translates to earnings per share of 2.56 cents, compared to losses per share of 0.028 cents in 1HFY20.

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