Cordlife Group

Broker's Calls

Cordlife’s organic revenue unlikely to return to pre-Covid levels in next two years: SAC Capital

Lower births and a cut back in discretionary spending are likely factors to be a drag on Cordlife’s organic revenue.
SCCM positive on Cordlife as it posts FY2020 results 'in line' with expectations  - THE EDGE SINGAPORE

Broker's Calls

SCCM positive on Cordlife as it posts FY2020 results 'in line' with expectations

SCCM has maintained its "buy" call and raised its target price to 52 cents on the stock.

Results

Cordlife on target to achieve full-year net profit in FY18

SINGAPORE (Nov 12): Cordlife Group reported earnings of $3.7 million for the 15 months ended Sept, reversing a loss of $2 million for the same period a year earlier.

In print this week

Discord over cord blood banking?

SINGAPORE (May 25): As parents in Singapore grow wealthier, more of them are signing up for what has been hailed as potential “lifesaver” – cord blood banking.

Results

Cordlife reports fourth straight quarterly earnings in 3Q18

SINGAPORE (May 11): Cordlife Group reported its fourth straight quarterly earnings as higher revenue from key markets and contributions from a newly-acquired subsidiary lifted profit from operations.

Tech

Cordlife launches newborn metabolic screening service in Hong Kong

SINGAPORE (May 2): HealthBaby Biotech (Hong Kong), a wholly-owned subsidiary of Cordlife Group, has launched a newborn metabolic screening service in Hong Kong.

Cordlife launches genetic testing services to detect disease-causing mutations

SINGAPORE (Apr 9): Cordlife Group is launching US-based genetic testing service PlumCare DNA Advisor in Singaoore.

Cordlife partners US-based PlumCare to offer genetic screening for diseases

SINGAPORE (Feb 26): Consumer healthcare company Cordlife Group is partnering US-based PlumCare to offer a genetic testing service to help families in Asia identify gene variants associated with increased risk of developing inherited conditions such as bre

M&A

Cordlife acquires private cord blood bank in Hong Kong for $9.3 mil with debt

SINGAPORE (Jan 3): Cordlife Group is fully acquiring a private cord blood bank in Hong Kong, HealthBaby Hong Kong, for US$7 million in cash ($9.3 million) after adjusting for US$2.5 million in the company’s cash and bank loans that will remain in place.
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