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HC Surgical Specialists reports 20.3% lower earnings of $6.4 mil for FY2022

Felicia Tan
Felicia Tan • 3 min read
HC Surgical Specialists reports 20.3% lower earnings of $6.4 mil for FY2022
A final dividend of 1.20 cents per share has been recommended by the company. Photo: Albert Chua/The Edge Singapore
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HC Surgical Specialists has reported earnings of $6.4 million for the FY2022 ended May, 20.3% lower than the earnings of $8 million in the year before.

Earnings per share (EPS) for the full year fell by 19.7% y-o-y to 4.28 cents.

Revenue for the FY2022 fell by 17.3% y-o-y to $19.3 million due to the lower number of patients that opted to do elective medical treatment due to the lifting of the Covid-19 restrictions and easing of border restrictions. The lifting of the restrictions and easing of border restrictions paved the way for overseas travel instead.

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