SINGAPORE (Feb 19): TalkMed Group posted a 16.4% increase in earnings to $9.6 million for the 4Q18 ended December, from $8.2 million a year ago.
However, the improved 4Q failed to stop the private healthcare services provider from registering a 9.8% decline in earnings for the full year. TalkMed saw its FY18 earnings fall to $28.9 million, from $32.0 million in FY17.
The increase in revenue in 4Q18 was mainly attributed to an increase in the number of patient visits. As a result, 4Q revenue jumped 25.2% to $19.0 million, from $15.1 million a year ago.
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