TMC Life Sciences' Profit Plummets in Fiscal Q1

MT Newswires Live

2024/11/18

TMC Life Sciences (KLSE:TMCLIFE) said its profit attributable to owners plunged to 2.9 million ringgit in the fiscal first quarter ended Sept. 30 from 15.1 million ringgit a year earlier.

Earnings per share fell to 0.0017 ringgit, from 0.0087 ringgit a year ago, according to a Monday bourse disclosure.

Revenue shrank to 82 million ringgit from 92.4 million ringgit a year ago, the healthcare services provider said.

The board did not recommend a dividend for the period.

The company is a unit of Thomson Medical Group (SGX:A50).

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