Revenue for the Catalist-board company declined slightly y-o-y by 1.2% to $13.6 million. The company’s cash and cash equivalents declined by around 41% y-o-y to slightly more than $4.1 million from $6.9 million. Net assets stood at $17.7 million a h-o-h decline of 5.6%.
Medical clinic operator Singapore Paincare Holdings has reported a net loss of around $47,000 for the half-year ended Dec 31, 2025. This is in contrast to earnings of around $0.78 million for the previous corresponding period.
The drop in net profit is mainly attributable to an increase in employee benefits expenses — increase in remuneration given to the practitioners and staff and new hires — which rose 14.2% y-o-y from $6.5 million to nearly $7.5 million.
