Continue reading this on our app for a better experience

Open in App
Floating Button
Home Capital Results

Thomson Medical guides for loss after tax for six months ended Dec results due to poor performance in Malaysia

Nicole Lim
Nicole Lim • 1 min read
Thomson Medical guides for loss after tax for six months ended Dec results due to poor performance in Malaysia
This poor results is from the termination and discounts of certain insurance contracts, and increased interest expenses related to Vietnam acquisition and Singapore project cessation. Photo: Thomson Medical
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Thomson Medical Group expects to record a loss after tax for the six months ended Dec 31, primarily due to the poorer performance of the Malaysian market, a release noted. 

The poor performance is partly resulting from the termination and discounts of certain insurance contracts, and increased interest expenses related to the acquisition of Far East Medical Vietnam along with the cessation of projects in Singapore.

Shares in Thomson Medical closed flat at 4.9 cents on Jan 24. 

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2025 The Edge Publishing Pte Ltd. All rights reserved.