Latest Forum Topics / Thomson Medical Last:0.045 -- |
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Rowsley is brewing!
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Joelton
Supreme |
13-Feb-2025 12:11
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Thomson Medical Group sinks into red, reports net loss of $12.6 mil for the 1HFY2025
 
Mainboard-listed Thomson Medical Group sinks into the red, reporting a loss for the 1HFY2025 ended Dec 31, 2024 of $12.6 million, as compared to the $4.93 million earnings in 1HFY2024. 
 
This net loss is primarily due to challenges in the Malaysia market, increased interest expenses following the acquisition of Far East Medical Vietnam Limited (FEMVN), and the cessation of non-core transitional care facilities projects in Singapore.
 
In Malaysia, the group was impacted by the termination and pricing adjustments of certain insurance contracts, which led to a revenue shortfall. The group says they are recalibrating partnership structures to ensure profitability in the Malaysia healthcare market. 
 
In Singapore, the group carried out the cessation of traditional care facilities projects, which it said is not core to its long-term growth strategy. It will focus instead on expanding specialist services, digital transformation and operational excellence. 
 
The group recorded a revenue of $199.1 million for the 1HFY2025, a 18.4% y-o-y increase. This was mainly due to the revenue contribution from Vietnam following the acquisition of FEMVN. 
 
Its gross profit for the period dropped 10.6% y-o-y to $39.5 million. 
 
The group recorded a net decrease in cash and cash equivalents during 1HFY2025 of $28.1 million, mainly due to the purchase of property and equipment amounting to $13.7 million, payments of loan principals and interests and lease liabilities amounting to $250.5 million and dividends paid to non-controlling interests of subsidiaries of $3.8 million. 
 
&ldquo While 1H2025 has presented near-term challenges, we continue to optimise our business across our key markets. Our regional presence in Singapore, Malaysia, and Vietnam remains a core strength, and we continue to invest strategically to reinforce our leadership position in Southeast Asia&rsquo s healthcare landscape,&rdquo said Kiat Lim, Executive Vice Chairman of Thomson Medical Group.
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spursfan
Elite |
12-Feb-2025 18:39
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https://links.sgx.com/1.0.0/corporate-announcements/YKJIG88YFHN3UK2B/832876_TMG%201H%20FY2025%20Media%20Release.pdf | ||||
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honesty
Veteran |
28-Jan-2025 09:26
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Medical no doubt is good business, give him a little bit more time, sure will rise, a billionaire will always stay on a billionaire | ||||
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Tob231
Master |
28-Jan-2025 09:15
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意 识 钱 钱 .... hahaha   |
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dlkc99999
Member |
27-Jan-2025 20:59
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Vested interest Peter Lim should just privatise this. Stocks dont move. No outright advantage to list in this SGX.  |
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Taylor
Veteran |
27-Jan-2025 16:24
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Peter lim not more play stock Must be play golf and gold Gold is sperking to history high and high | ||||
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SmallSmall
Supreme |
26-Jan-2025 13:45
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Can only say his intention may be different from everyone else. It is quite ovbious with a SS holding close to 90% where his evetual intention is. Based on above, you say price will get up or not?  
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honesty
Veteran |
26-Jan-2025 10:00
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surprised for such an intense business savvy majority shareholder to get hit? no profit no dividend holy grail! | ||||
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finjungle
Senior |
25-Jan-2025 14:02
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The power of magic is coming to an end?
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Joelton
Supreme |
25-Jan-2025 13:18
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Thomson Medical warns of H1 loss on poorer Malaysia performance
It has been hit by the termination and discounts of certain insurance contracts
 
THOMSON Medical expects to report a loss after tax for the six months ended Dec 31, 2024, following a preliminary review of the unaudited financial results.
 
This is mainly due to poorer performance of its Malaysia market, partly resulting from the termination and discounts of certain insurance contracts, it said in a bourse filing on Friday (Jan 24).
 
The hospital operator also had increased interest expenses from the acquisition of Far East Medical Vietnam, as well as cessation of projects in Singapore.
 
Further details of the financial performance for its first half will be disclosed on or before Feb 14, it said.
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Cadence88
Veteran |
22-Jan-2025 10:56
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Is a few millions big volume for this counter?
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Taylor
Veteran |
22-Jan-2025 08:53
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Peter lim ATM machine Or Kim Let watch closely Following | ||||
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FishermanSG
Member |
21-Jan-2025 11:33
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Big volume transactions. Up to something.
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honesty
Veteran |
21-Jan-2025 11:04
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to stay within couple of billions value, this share value must double and this stock has a true potential , miss out at this bottom price, got to fork higher to benefit | ||||
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Taylor
Veteran |
21-Jan-2025 10:59
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Medical doctor stock is moving Let go doctor BB is back I saw alot eye doctor,dentist, cosmetic surgery doctor with huge cash to digest Please Peter lim BB behind alot kaki | ||||
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honesty
Veteran |
21-Jan-2025 10:15
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moving quickly, expected good results soon, hold your horses and own it fast | ||||
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honesty
Veteran |
04-Dec-2024 16:39
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is TH moving up soon?  0.048 selling few lots, 0.047 many buying , earlier 0.049 2+million selling, quite unusual, perhpas somehing good creeping up soon | ||||
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honesty
Veteran |
19-Nov-2024 20:23
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Thomson Medical Group (SGX:A50) investors are sitting on a loss of 43% if they invested three years ago[email protected] (Simply Wall St)
Mon, 18 November 2024 at 9:40 am SGT  3 min read
this baby should be up and running hopefully |
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Chansenghoe1971
Elite |
12-Nov-2024 15:07
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PL belongs to yester years
So is Oei HL. |
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honesty
Veteran |
12-Nov-2024 15:04
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with the son as vice chairman, should have power to power up the share price, pl perhaps retiring and act as backbencher, hopefully due diligence to perk up the performance of this laggard stock | ||||
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