Alliance Healthcare (SGX:MIJ) is expecting to report a lower profit for the fiscal year ended June 30, according to a filing with the Singapore Exchange on Friday.
The company has attributed this to operating expenses due to the establishment of a medical center and medical aesthetic clinic.
The group will be posting its financial statements on or before Aug. 29, the filing said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.