TalkMed

FY2015 Revenue at $65.72 million , slightly higher than FY2014 Revenue at $63.16 million.

Other income increase by 140% from $0.23 million to $0.54 million mainly due to interest received on fixed deposit.

Operating lease expenses increased by 69.1%  from $0.73 million to $ 1.24 million due to new operating leases effected in late 2014,March & June 2015.

Operating expenses was reduced significantly by 27% from $ 2.07 million to $1.51 million  due to lower legal & professional fee.

Coming to share of result of associate which is causing a concern to me ,a loss of $2.89 million from a investment of 30% stake in Hong Kong Integrated Oncology Centre Holdings Limited in June 2014 for $11.52 million.

Not much details will revealed for the loss but it only commenced operation late last year. Will find out more during the coming AGM.

FY2015 profit after tax at $37.17 million , lower than FY2014 profit after tax at $38.53 million.

Final dividend of $0.02305 per share declared.
 

 

*TalkMed Group providing tertiary healthcare services in the fields of medical oncology and palliative care to the oncology patients in the private sector in Singapore through Parkway Cancer Centre.