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TalkMed Group Posts Higher Profit, Revenue in H1; Shares Jump 5%

MT Newswires ·  {{timeTz}}

03:56 AM EDT, 08/03/2022 (MT Newswires) -- TalkMed Group (SGX:5G3) logged a higher profit attributable to the owners of SG$12.1 million ($8.8 million) in the first half of the year, compared with SG$10.8 million a year ago.

Earnings per share jumped to SG$0.0091 from SG$0.0081, according to a late Tuesday bourse disclosure.

Revenue rose 12.5% year over year to SG$32.5 million from SG$28.9 million, thanks to an increase in the number of patient visits following the lifting of travel restrictions in April.

The healthcare services provider declared an interim cash dividend of SG$0.015 per share for the full year ending Dec. 31, 2022, which will be paid on Aug. 22.

TalkMed Group's shares jumped over 5% in recent trade.

Price (SGD): S$0.41, Change: S$+0.02, Percent Change: +5.13%

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