Thomson Medical: Reports Healthy Revenue Growth.09 Nov 2018 17:43
The Group's revenue on a year-on-year grew by 7.6% from S$148.2 million to S$159.5 million. 3Q2018 revenue grew by 6.6% from S$50.6 million in 3Q2017 to S$54.0 million. The Group's EBITDA on a YOY increased to S$38.6 million from S$38.2 million on the back of revenue growth. The growth was driven by the increase in total patient volume, higher revenue intensity and greater average bill sizes. However, EBITDA fell by 3.2% during the 3Q2018 to S$15.2 million largely due to higher operating expenses owing to business expansion and cost inflation of goods, services and wages...
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