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HC Surgical Specialists Posts Lower Profit, Revenue in Fiscal H2

MT Newswires ·  07/29/2022 17:27

04:42 AM EDT, 07/29/2022 (MT Newswires) -- HC Surgical Specialists (SGX:1B1) booked a profit attributable to owners of the parent of SG$1.7 million ($1.2 million) in the fiscal second half ended May 31, down 42.1% from SG$3 million a year ago.

Earnings per share went down to SG$0.0117 from SG$0.0201 in the year-ago period, according to a Thursday bourse filing.

Revenue for the period dropped 28.1% year over year to SG$8.9 million from SG$12.4 million, mainly due to a decrease in the number of patients and easing of borders restrictions that paved way for overseas travel.

The medical services group declared a total dividend of SG$0.026 per share.

HC Surgical Specialists' shares were down 2% recently.

Price (SGD): S$0.48, Change: S$-0.01, Percent Change: -2.06%

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