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Alliance Healthcare posts earnings of $1.1 mil for 1HFY2024, down 44.4% y-o-y

Bryan Wu
Bryan Wu • 2 min read
Alliance Healthcare posts earnings of $1.1 mil for 1HFY2024, down 44.4% y-o-y
Alliance Healthcare CEO Dr Barry Thng. Photo: Albert Chua/The Edge Singapore
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Alliance Healthcare Group (SGX:MIJ) has reported earnings of $1.1 million for 1HFY2023 ended Dec 31, 2023, a 44.4% decrease compared to its earnings of 1.9 million for the corresponding period last year.

Earnings per share for 1HFY2024 came to 0.52 cents, down from 0.93 cents in 1HFY2023.

For the half-year period, revenue was up 16.4% y-o-y to $33.7 million, mainly attributable to an increase in sales generated by the company’s managed healthcare solutions, pharmaceutical services, mobile and digital health services and specialist care services segments. 

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