Singapore O&G (SOG), a company that specialises in providing healthcare services to women and children, has reported that it expects to record net profit after tax (NPAT) in the FY2020 ended December compared to the net loss after tax in FY2019.

The position is mainly due to the absence of an impairment of goodwill for FY2020 as the “recoverable amount of the cash generating unit of [the group’s] Dermatology segment is expected to exceed the carrying amount as at Dec 31, 2020”.


SEE: Singapore O&G expands spectrum of healthcare services for long-term growth


To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook