Other income increased by 25% to $3.19 million from $2.56 million a year ago, mainly attributable to higher wages reimbursement from the consultancy business.
SINGAPORE (May 14): Thomson Medical, formerly known as Rowsley, says first quarter losses widened to $6.5 million in 1Q18 from $1.55 million in 1Q17.
Revenue was 9% lower at $20.6 million compared to $22.6 million last year, mainly due to the consultancy business which has declined as a result of a slowdown in private sector building developments.
