Medinex

Medinex

Medinex posts 22% rise in H1 net profit to S$1.3m on revenue rise

Medinex posts 22% rise in H1 net profit to S$1.3m on revenue rise.

15.8.2019

Medinex posts 22% rise in H1 net profit to S$1.3m on revenue rise.

MEDICAL support services provider Medinex , which debuted on Catalist last December, saw net profit tick up 21.95 per cent to S$1.3 million for the first half of the year, lifted by revenue from its subsidiaries. Read more at The Business Times.

MEDICAL support services provider Medinex, which debuted on Catalist last December, saw net profit tick up 21.95 per cent to S$1.3 million for the first half of the year, lifted by revenue from its subsidiaries.

Revenue grew 33.98 per cent to S$6 million for the six months to June 30, as Medinex recorded full contributions from subsidiaries Patceljon Professional Services and Jo-L Consultus. Its newly acquired units, Sen Med Holdings and Ark Leadership & Learning, also contributed to revenue.

Earnings per share stood at 0.98 Singapore cent, down from 1.11 cents for the same period a year ago, with a larger share base.

Read more: The Business Times
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