Home Capital Results

SMG reports record 1Q21 revenue and net profit on higher diagnostic & aesthetics business

Felicia Tan
Felicia Tan5/10/2021 09:53 PM GMT+08  • 3 min read
SMG reports record 1Q21 revenue and net profit on higher diagnostic & aesthetics business
The group also posted its first share of profits of JV entities and associates, reversing from its loss in the year before.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Singapore Medical Group has announced revenue of $24.8 million for the 1QFY2021, making this the group’s all-time quarterly high.

The quarter’s revenue represents a 7.6% y-o-y growth from the corresponding period the year before.

The higher topline was mainly attributed to an increase in the group’s Diagnostic & Aesthetics business segment, which saw a surge in demand for aesthetics, LASIK and diagnostic imaging related services.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now