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Singapore O&G web earnings down 11.9% to S$ 8.4 m in FY2021

SINGAPORE O&G (SOG), an expert doctor for females as well as kids, reported a 11.9 percent decrease in web earnings to S$ 8.4 million for the complete year finished Dec 31, 2021, from S$ 9.5 million the previous year.

This remained in component as a result of a S$ 200,000 bottom line reported by its joint endeavor as a result of startup expenditures for the facility of a postpartum arrest centre in Johor as well as specialist costs sustained. The centre is anticipated to begin procedures by end-March.

Earnings for the full-year was 6.3 percent greater to S$ 42.4 million from S$ 39.9 million the year prior to, attributable to payments from the team’s dermatology as well as paediatrics sectors, in addition to greater person tons complying with the resumption of non-essential solutions in FY2021.

This was, nevertheless, balanced out by reduced profits from the team’s cancer-related as well as obstetrics as well as gynaecology sectors.

Various other operating earnings additionally dipped 36.7 percent to S$ 900,000 as an outcome of less federal government gives.

Various other overhead raised by 4.7 percent to S$ 2.3 million as a result of greater management expenditure, charge card fees as well as insurance policy. This was balanced out by a decrease in anticipated credit report losses of profession receivables.

Profits per share for the full-year stood at 1.75 Singapore cents versus 1.99 cents the year prior to.

Web property worth per share can be found in at 10.25 cents as at end-2021, up from 9.04 cents the previous year.

The board stated a last returns of 0.90 cent per share, less than the 1.20 cent stated in FY2020.

Shares of SOG finished Wednesday at S$ 0.28, down S$ 0.005 or 1.8 percent.

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