Meanwhile, net loss from its discontinued real estate business narrowed by 45% to $3.9 million on the back of the disposal of Ariva and a fair value gain from re-measurement of the purchase consideration payable.
SINGAPORE (Nov 10): Healthcare services provider Thomson Medical Group (TMG), formerly known as property group Rowsley, saw its earnings fall 48% to $1.1 million for the 3Q18 ended September, from $2.2 million a year ago.
The group’s profit from continuing healthcare operations fell 45% to $5.1 million in 3Q18, largely due to higher operating expenses owing to business expansion and cost inflation of goods, services and wages.
