SINGAPORE (Apr 24): TalkMed Group, which provides private healthcare services in the fields of medical oncology through Parkway Cancer Centre in Singapore, reported a 37.2% fall in first quarter earnings to $5.06 million in 1Q18 from $8.39 million in 1Q17.
This was mainly due to a decrease in revenue and an increase in operating expenses which was partially offset by a decrease in the share of loss of associate.
Revenue fell 25.7% to $12.07 million from a year ago mainly due to a decrease in the number of patient visits compared to the same corresponding period last year.
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)
