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HC Surgical Specialists reports earnings of $3.38 million, 2.1% lower y-o-y

Nicole Lim
Nicole Lim • 2 min read
HC Surgical Specialists reports earnings of $3.38 million, 2.1% lower y-o-y
The group is declaring an interim dividend of 0.80 cents per ordinary share payable on March 13, 2025. Photo: Albert Chua/The Edge Singapore
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HC Surgical Specialists (HCSS) has reported lower earnings of $3.38 million for the 1HFY2025 ended Nov 30, 2024, a 2.1% decrease from $3.45 million in the same period a year ago. 

This is mainly due to non-operational items, including a fair value loss on derivative financial instruments of approximately $0.43 million, and a loss arising from deemed disposal in an associate of $0.20 million. 

This was offset by fair value gain on financial assets at fair value through profit or loss of $0.13 million. In the same period a year ago, this figure stood at $0.83 million. 

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