- Thomson Medical reported 1HFY25 net loss of S$12.9m, mainly due to the poor performance in its Malaysian operations and increased interest expenses related to the acquisition of Fair Value Hospital in Vietnam.
- - Read this at SGinvestors.io -
Rising opex and interest costs hit bottomline
- In 1HFY25, Thomson Medical’s turnover rose 18.4% y-o-y to S$199.1m, largely driven by the revenue contribution from Vietnam following the acquisition of Far East Medical Vietnam Limited (FEMVN) in Dec 2023. This was partially offset by the cessation of project-related services, such as managing the vaccination centres and the Transitional Care Facilities (TCF) in Singapore in Dec 2023.
- - Read this at SGinvestors.io -
New CEO of Malaysian subsidiary to drive changes
- Read more at SGinvestors.io.
Above is an excerpt from a report by Maybank Research.
Clients of Maybank Securities may be the first to access the full PDF report @ https://www.maybanktrade.com.sg/.
Eric Ong Maybank Research | https://www.maybanktrade.com.sg/ 2025-02-13
Read also Maybank's most recent report:
2026-02-12 Thomson Medical Group - Multi-Year Transformation.
Price targets by other brokers at Thomson Medical Target Prices.
Listing of research reports at Thomson Medical Analyst Reports.
Relevant links:
Thomson Medical Share Price History,
Thomson Medical Announcements,
Thomson Medical Dividend Payout Dates & Corporate Actions,
Thomson Medical News
