Singapore Paincare's Attributable Profit Slumps 53% in July-December 2024; Shares Down 3%

MT Newswires

02/18

Singapore Paincare's (SGX:FRQ) attributable profit for the six months ended Dec. 31, 2024, declined 53% to SG$453,000 from SG$969,000 a year earlier, according to a Friday filing with the Singapore Exchange.

Earnings per share dropped to SG$0.0026 compared with SG$0.0057 in the comparable period.

Revenue was up 2.8% year over year to SG$13.7 million from SG$13.4 million, driven by increased revenue from specialist clinics.

Shares of the health and medical treatment company were down over 3% in recent trading.

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