Thomson Medical incurs S$6.5m loss in first quarter
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Singapore
THOMSON Medical Group, formerly known as Rowsley before a recent injection of healthcare assets, saw its net loss in Q1 2018 worsen to S$6.5 million, from a net loss of S$1.6 million for its real-estate business alone.
Its revenue fell 8.7 per cent to S$20.6 million from the preceding year on the back of its consultancy business, "which has declined as a result of a slowdown in private sector building developments," it said.
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