Specifically, healthcare recorded a 15.6% increase in revenue to $176.4 million after registering higher sales for in key markets, in addition to reduced operating expenditure.
SINGAPORE (Feb 23): Haw Par Corporation reported FY16 earnings of $125 million, a 31.8% decline from the previous year’s earnings of $183.3 million due to one-off equity accounting gains from an associate in the previous year.
Group revenue increased 12.8% to $201.6 million from $178.8 million in FY15 on better performance in Haw Par’s healthcare and property segments.
