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Healthway Medical narrows 4Q losses by 35.6% to $28.8 mil

Samantha Chiew
Samantha Chiew • 2 min read
Healthway Medical narrows 4Q losses by 35.6% to $28.8 mil
SINGAPORE (Feb 23): Healthway Medical Corporation (HMC) announced that it has narrowed its 4Q17 losses by 35.6% to $28.8 million compared to $44.8 million in 4Q16.
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SINGAPORE (Feb 23): Healthway Medical Corporation (HMC) announced that it has narrowed its 4Q17 losses by 35.6% to $28.8 million compared to $44.8 million in 4Q16.

This brings FY17 losses to $34.8 million, 21.1% lower than $44.1 million recorded in FY16.

Revenue for the quarter increased by 24.6% to $29.0 million from $23.3 million last year, mainly due to the increase in revenue from the group’s Primary and Specialist & Wellness Healthcare segments.

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