Alliance Healthcare's Attributable Profit Slides 73% in Six Months to December 2024; Shares Slump 19%

MT Newswires

02/12

Alliance Healthcare Group's (SGX:MIJ) profit attributable to owners of the parents for the half year ended Dec. 31, 2024 dropped 73% to SG$292,100 from SG$1.1 million a year earlier, according to a filing with the Singapore Exchange on Tuesday.

Earnings per share declined to SG$0.0014 from SG$0.0052 in the comparable period.

Revenue jumped 13% year over year to SG$37.9 million from SG$33.7 million, mainly due to increased sales across all major business segments.

Shares of the company plunged over 19% in recent trading.

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