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Cordlife: Reports Improved Operational Performance In 1Q2026 Despite Lower Revenue.

13 May 2026 18:02

Group revenue down 6.1% year-on-year amid absence of new Singapore collections and mixed regional performance. Group loss before income tax from operations improved by 13.3%, although net loss widened by 6.8%. Gross profit margin rose to 57.9%, driven by continued cost optimisation efforts across the Group. Cord blood banking industry fundamentals remain positive, driven by growing interest in stem cell therapies and preventive healthcare...

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Source: ShareInvestor Express