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ISEC Healthcare reports 29% rise in 1Q earnings of $2.15 mil

PC Lee
PC Lee • 2 min read
ISEC Healthcare reports 29% rise in 1Q earnings of $2.15 mil
SINGAPORE (May 9): ISEC Healthcare, the provider of a comprehensive suite of specialist medical eye care services, reported 1Q18 earnings of $2.15 million, an increase of 29% compared to $1.66 million in 1Q2017.
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SINGAPORE (May 9): ISEC Healthcare, the provider of a comprehensive suite of specialist medical eye care services, reported 1Q18 earnings of $2.15 million, an increase of 29% compared to $1.66 million in 1Q2017.

Revenue for 1Q18 was $9.63 million, an increase of 14% from 1Q17. This was mainly attributable to increased patient visits from the group’s specialised eye care services in Malaysia and Singapore.

Cost of sales increased by 10% to $4.99 million in 1Q18 in tandem with increased revenue.

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