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Singapore O&G reports 65% rise in FY16 earnings to $8.8 mil

PC Lee
PC Lee2/16/2017 09:09 PM GMT+08  • 1 min read
Singapore O&G reports 65% rise in FY16 earnings to $8.8 mil
SINGAPORE (Feb 16): Singapore O&G, the company specialising in women’s healthcare, announced a 64.8% rise in FY16 earnings to $8.8 million from $3.5 million a year ago.
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SINGAPORE (Feb 16): Singapore O&G, the company specialising in women’s healthcare, announced a 64.8% rise in FY16 earnings to $8.8 million from $3.5 million a year ago.

Total revenue increased by 74.7% to $28.7 million largely due to the revenue contribution of $8.5 million from its new Dermatology segment (SOG Dermatology clinic), and increase in patient loads from its Obstetrics & Gynaecology (O&G) and cancer-related segments. O&G segment continues to be the highest contributor, at 60.9%, to the group’s revenue.

Singapore O&G says the republic continues to be challenged in its efforts to increase birth numbers, largely due to uncertainties in the local and global economies.

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