AsiaMedic issues profit warning for FY2017

Published Thu, Feb 15, 2018 · 05:04 AM

CATALIST-listed healthcare provider AsiaMedic issued a profit warning on Thursday for its full year results ended Dec 31, 2017.

It expects a loss for FY2017 due to a decrease in revenue of its imaging business and non-recognition of deferred tax assets, it said in a statement after the market closed.

The group will disclose further details in its FY2017 results release.

AsiaMedic's counter finished at six Singapore cents, down 0.5 Singapore cent or 7.69 per cent.

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